Centrus Energy Secures Contract Extension for HALEU Production with U.S. Department of Energy

Reuters
06/25
Centrus Energy Secures Contract Extension for HALEU Production with U.S. Department of Energy

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Centrus Energy Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH18030) on June 25, 2025, and is solely responsible for the information contained therein.

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