Centrus Energy (LEU) announced that it has selected Geiger Brothers, as the construction contractor for the Company’s previously announced, multi-billion-dollar expansion of its uranium enrichment capacity in Piketon, Ohio. This marks another major milestone as Centrus accelerates its effort to deploy thousands of additional centrifuges to produce Low-Enriched Uranium, or LEU, and High-Assay, Low-Enriched Uranium, or HALEU. Centrus is the only company with deployment-ready technology that can meet both commercial and U.S. national security demands. Fluor Corporation is serving as the project’s Engineering, Procurement, and Construction contractor.
Claim 30% Off TipRanks
New trading tool for LEU bullsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEU:
- Oklo, NuScale Power (SMR) Stocks Fail to Budge on Nuclear Update from the White House
- Wright says first 5-10 nuclear reactors to ‘almost certainly’ get DOE loans
- BWX move into enrichment ‘competitive headwind’ for Centrus, says UBS
- New England Governors commit to exploring advanced nuclear energy
- Palantir’s AI Partnerships Are ‘Growth Catalysts,’ Says Wedbush’s Dan Ives
