Centrus Energy Corp. has announced the successful achievement of a key production milestone, delivering 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy. This delivery marks the completion of Phase II of their contract, as Centrus continues to pioneer HALEU production. The company will now proceed to Phase III, having secured a contract extension for an additional year of production through June 30, 2026. Phase III also includes options for up to eight more years of production, contingent upon the Department's discretion and funding availability. Centrus's efforts are critical for powering the next generation of reactors and are part of a broader initiative to meet America's commercial and national security requirements. The HALEU produced is intended to support the development and commercialization of advanced reactors, advancing key national priorities.
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