Centrus Launches Additional Investment in Centrifuge Manufacturing [Yahoo! Finance]
Centrus Energy Corp. Class A (LEU)
NASDAQ:AMEX Investor Relations:
investors.centrusenergy.com/investor-relations
Company Research
Source: Yahoo! Finance
Nov. 20, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that it is resuming centrifuge manufacturing activities and expanding its manufacturing capacity at its facility in Oak Ridge, Tennessee. The company will invest an additional approximately $60 million for this effort over the next 18 months to lay the groundwork to support a potential large-scale expansion of uranium enrichment at the Centrus' American Centrifuge Plant in Piketon, Ohio. Such a large-scale expansion would require a multi-billion dollar public and private investment. This announcement follows Centrus' recent success in securing over $2 billion in contingent purchase commitments from customers to support future production of Low-Enriched Uranium (LEU), as well as two awards from the U.S. Department of Energy aimed at enrichment and deconversion of High-Assay, Low-Enriched Uranium (HALEU). Centrus President and CEO Amir Vexler said: "Today's investment will jump-start what we hope
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LEU
News
- Centrus Launches Additional Investment in Centrifuge ManufacturingPR Newswire
- Centrus Appoints Neal Nagarajan as Senior Vice President and Head of Investor RelationsPR Newswire
- What's next for nuclear stocks after regulatory pushback? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Centrus Announces Pricing of Private Offering of $350 Million of 2.25% Convertible Senior Notes due 2030PR Newswire
- Centrus Announces Proposed Private Offering of $350 Million of Convertible Senior Notes due 2030PR Newswire
LEU
Earnings
- 10/28/24 - Miss
LEU
Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- 11/7/24 - Form 8-K
- LEU's page on the SEC website