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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 - 12:24
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Griechenland prüft Einstieg in Kernenergie (RND)
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Das Land an der Ägäis deckt einen guten Teil seines Strombedarfs aus erneuerbaren Energien. Jetzt überlegt Athen, auch auf Atomkraft zu setzen – wenn auch anders als in anderen Ländern. Das hat mit der Erdbebengefahr dort zu tun....
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18.06.26 - 17:39
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Centrus Jumps On Deal To Supply Oklo With Domestically-Produced Uranium (ZeroHedge)
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Centrus Jumps On Deal To Supply Oklo With Domestically-Produced Uranium
Centrus Energy continues to solidify its role as a cornerstone of America's emerging advanced nuclear sector, today announcing a letter of intent with Oklo to provide domestically produced high-assay low-enriched uranium (HALEU) for the company's next generation of nuclear reactors, according to a release from the company's website.
Shares the domestic enricher jumped more than 6% this morning.
Under the proposed multi-year agreement, Centrus will begin supplying HALEU in 2029 to support up to five Oklo Aurora powerhouses, including reactors planned for Oklo's 1.2-gigawatt clean energy campus in Ohio. The fuel is expected to be produced at Centrus' enrichment facility in Pike County, Ohio, highlighting the growing importance of domestic nuclear fuel infrastructure.
The agreement represents a meaningful milestone for the broader advanced reactor industry. One of the largest challenges facing nuclear developers has...
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