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03.07.26 - 17:15
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Centrus Energy Signs Billion Dollar Contract With DOE For Uranium Enrichment (ZeroHedge)
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Centrus Energy Signs Billion Dollar Contract With DOE For Uranium Enrichment
Following up from the announcement earlier this year when the Department of Energy (DOE) chose multiple companies to receive grant money for restoring domestic uranium enrichment capacity, Centrus Energy has now finalized a contract valued over $1 billion (including options).
"Centrus is competing for funding from the U.S. Department of Energy to expand U.S. enrichment capacity."
Competing with whom?
How much you need? $5BN? $10BN? $20BN? Done https://t.co/i1t7vf3bdl
— zerohedge (@zerohedge) August 25, 2025
Centrus will transition the existing cascade at their Ohio plant from a government-supply production line to commercial operations.
The centrifuges in the current cascade can produce about 900 kg of high-assay low enriched uranium (HALEU) per year. The company has produced about 1,900 kg for the DOE since initial production began in 2023.
The transition to full scale commercial operations has been d...
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02.07.26 - 23:30
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Adani, IHC join hands for $11.5 billion aluminium project (Times of India)
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Abu Dhabi's International Holding Company is significantly expanding its partnership with the Adani Group by investing $11.5 billion in a massive integrated aluminium project in Odisha. This joint venture will establish one of India's largest aluminium hubs, featuring a refinery, smelter, and power plant. The move comes as Adani Enterprises also launched a $1 billion qualified institutional placement, bolstering its capital raise efforts....
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