Centrus Wins LEU Enrichment Award from U.S. Department of Energy
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Centrus Energy's subsidiary, American Centrifuge Operating, LLC, has been awarded a contract by the U.S. Department of Energy to expand domestic production of Low-Enriched Uranium. This marks the third selection for Centrus under the DOE's Nuclear Fuel Supply Program.
December 11, 2024 | 11:45 am
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Centrus Energy's subsidiary has secured a significant contract from the U.S. Department of Energy to enhance domestic LEU production, reinforcing its role in the nuclear fuel supply chain.
The award from the DOE is a positive development for Centrus Energy, as it not only secures government support but also positions the company as a key player in the nuclear fuel supply chain. This is likely to boost investor confidence and positively impact the stock price in the short term.
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