Centrus Energy, KHNP Enter Contingent Supply Commitment To Support Construction Of New Uranium Enrichment Capacity At American Centrifuge Plant In Piketon, Ohio
Portfolio Pulse from Benzinga Newsdesk
Centrus Energy has entered a supply commitment with KHNP to deliver Low-Enriched Uranium (LEU) over a decade, supporting the construction of new uranium enrichment capacity at the American Centrifuge Plant in Ohio. This adds to Centrus' $1.8 billion in contingent sales commitments.
September 11, 2024 | 10:47 am
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Centrus Energy's new supply commitment with KHNP for LEU delivery over a decade supports its uranium enrichment capacity expansion in Ohio, adding to $1.8 billion in sales commitments.
The supply commitment with KHNP is a significant revenue stream for Centrus Energy, supporting its capacity expansion and adding to its substantial sales commitments. This is likely to positively impact the stock price in the short term.
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