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Centrus Signs Agreement with KHNP and POSCO International for Potential Investment in American Uranium Enrichment
Centrus Energy (NYSE American: LEU) today signed a Memorandum of Understanding (MOU) with Korea Hydro & Nuclear Power (KHNP) and POSCO International to explore potential investment to support expansion of Centrus' uranium enrichment plant in Piketon, Ohio. U.S. Secretary of Commerce Howard Lutnick and Korea's Minister of Trade, Industry and Energy Kim Jung-kwan attended the signing of the agreement, which is aimed at deepening U.S.-Korea cooperation on civilian nuclear energy. Centrus and KHNP a
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[{"type":"text","content":"Provides Further Validation of and Market Demand for Centrus' Technology ","length":76,"tagName":"p","attribs":{}},{"type":"text","content":"Provides a Framework for Future Private Investments to Support Enrichment Expansion","length":83,"tagName":"p","attribs":{}},{"type":"text","content":"BETHESDA, Md., Aug. 25, 2025 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) today signed a Memorandum of Understanding (MOU) with Korea Hydro & Nuclear Power (KHNP) and POSCO International to explore potential investment to support expansion of Centrus' uranium enrichment plant in Piketon, Ohio. U.S. Secretary of Commerce Howard Lutnick and Korea's Minister of Trade, Industry and Energy Kim Jung-kwan attended the signing of the agreement, which is aimed at deepening U.S.-Korea cooperation on civilian nuclear energy. Centrus and KHNP also agreed to an increase in the supply volume of enriched uranium under the contract they signed in February 2025.","length":684,"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 proud to be strengthening our relationship with our partners in Korea in support of our work to restore America's ability to enrich uranium at a large scale," said Centrus President and CEO Amir Vexler. "This agreement reflects strong demand for a U.S.-owned uranium enrichment capability and another potential avenue for private investment capital to bring added supply diversity and competition to the marketplace – and meet Korea's need for affordable, reliable fuel supplies for both new and existing reactors."","length":557,"tagName":"p"},{"type":"text","content":"...