TerraPower and Centrus Expand Efforts to Commercialize Domestic HALEU Production
Portfolio Pulse from Benzinga Newsdesk
TerraPower and Centrus Energy Corp. (NYSE:LEU) have announced a new memorandum of understanding (MOU) to expand their collaboration for establishing commercial-scale, domestic production capabilities for high-assay, low-enriched uranium (HALEU). The HALEU will supply TerraPower's Natrium reactor and energy storage system.
July 17, 2023 | 10:47 am
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Centrus Energy Corp. is expanding its collaboration with TerraPower to establish commercial-scale HALEU production. This could potentially increase the company's revenue and market position.
The expanded collaboration with TerraPower for HALEU production could potentially increase Centrus Energy Corp.'s revenue and strengthen its market position. This is likely to have a positive impact on the company's stock price in the short term.
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