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Centrus Awarded $900 Million to Expand Uranium Enrichment in Ohio

Centrus Energy (NYSE: LEU) announced today that it has been selected by the U.S. Department of Energy for a $900 million task order to expand its uranium enrichment facility in Piketon, Ohio, to include commercial-scale production of High-Assay, Low-Enriched Uranium (HALEU). Centrus intends to leverage the competitively-awarded federal funding to support its previously announced multi-billion dollar expansion in Piketon – which will also include additional Low-Enriched Uranium (LEU) production t

articleCentrus Energy Corp.January 6, 20266/company/centrus-energy-corp/news/centrus-awarded-dollar900-million-to-expand-uranium-enrichment-in-ohio
Centrus Awarded $900 Million to Expand Uranium Enrichment in Ohio

About this update from Centrus Energy Corp.

[{"type":"text","content":"Funding supports previously announced multi-billion dollar expansion at Centrus' enrichment facility in Ohio","length":112,"tagName":"p","attribs":{}},{"type":"text","content":"Expected to create thousands of American jobs as Centrus restores the country's ability to enrich uranium at large scale","length":124,"tagName":"p","attribs":{}},{"type":"text","content":"BETHESDA, Md., Jan. 6, 2026 /PRNewswire/ -- Centrus Energy (NYSE: LEU) announced today that it has been selected by the U.S. Department of Energy for a $900 million task order to expand its uranium enrichment facility in Piketon, Ohio, to include commercial-scale production of High-Assay, Low-Enriched Uranium (HALEU). Centrus intends to leverage the competitively-awarded federal funding to support its previously announced multi-billion dollar expansion in Piketon – which will also include additional Low-Enriched Uranium (LEU) production to serve commercial utilities and the existing reactor fleet.","length":604,"tagName":"p"},{"type":"image","alt":"Centrus Energy Corp., Bethesda, MD (PRNewsfoto/Centrus Energy Corp.)","displaySize":"","headline":null,"caption":"Centrus Energy Corp., Bethesda, MD (PRNewsfoto/Centrus Energy Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":222,"url":"https://media.zenfs.com/en/prnewswire.com/e4fc9149a758ca924bec7ef103022506"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ODHt6U81u08FuSLuuFC4vQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e4fc9149a758ca924bec7ef103022506","width":400,"height":222}},"href":"https://mma.prnewswire.com/media/840946/Centrus_Energy__Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The project is expected to support thousands of American jobs, including:","length":73,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"1,000 construction jobs and 300 new operating jobs in Ohio, while retaining 150 existing jobs at the Piketon plant.","length":115,"tagName":"p"}]},{"val":[{"type":"text","content":"Hundreds of new direct jobs at Centrus' centrifuge manufacturing plant in Oak Ridge, Tennessee and across a nationwide network of suppliers.","length":144,"tagName":"p"}]},{"val":[{"type":"text","content":"Thousands of indirect jobs in Ohio, Tennessee and across the cou...

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Centrus EnergyDepartment of Energyuranium enrichmentOak Ridge, TennesseePiketon, Ohionuclear fuelcommercial utilitiesLEUCentrus President