Business
Centrus Launches Commercial LEU Enrichment Activities
Centrus Energy (NYSE: LEU) announced today that it has begun domestic centrifuge manufacturing to support commercial Low-Enriched Uranium (LEU) enrichment activities at its Piketon, Ohio, facility. This strategic move enables the company to capitalize on its many first-mover advantages in U.S.-owned domestic uranium enrichment, and marks one of the most consequential transformations in the company's and the United States' uranium enrichment history. Centrus plans to leverage its multi-billion-do
About this update from Centrus Energy Corp.
[{"type":"text","content":"Multi-billion-dollar uranium enrichment capacity expansion expected to create thousands of U.S. advanced manufacturing jobs and drive U.S. exports","length":146,"tagName":"p","attribs":{}},{"type":"text","content":"Centrifuge manufacturing begins","length":31,"tagName":"p","attribs":{}},{"type":"text","content":"New enrichment capacity expected to come online in 2029","length":55,"tagName":"p","attribs":{}},{"type":"text","content":"BETHESDA, Md., Dec. 19, 2025 /PRNewswire/ -- Centrus Energy (NYSE: LEU) announced today that it has begun domestic centrifuge manufacturing to support commercial Low-Enriched Uranium (LEU) enrichment activities at its Piketon, Ohio, facility. This strategic move enables the company to capitalize on its many first-mover advantages in U.S.-owned domestic uranium enrichment, and marks one of the most consequential transformations in the company's and the United States' uranium enrichment history. Centrus plans to leverage its multi-billion-dollar uranium enrichment expansion to meet its growing backlog of $2.3 billion in contingent LEU sales to U.S. and international customer contracts, and targets future commercial-scale production of High-Assay, Low-Enriched Uranium (HALEU) as well.","length":800,"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":""We are excited to announce the official commencement of our industrial-scale centrifuge manufacturing build for commercial LEU enrichment," said Centrus Energy CEO and President Amir Vexler. "We make this announcement after carefully evaluating the business' internal and external progress as well as its future prospects and many compe...