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Centrus Energy Gains $110 Million Contract Extension from Department of Energy for HALEU Production until June 2026.

Jun 20, 2025•12 months ago

Contract Type

contract

BethesdaOtherEnergySustainabilityOil And GasNatural ResourcesScience And EngineeringRenewable Energy

Description

Centrus Energy has secured a contract extension valued at approximately $110 million from the U.S. Department of Energy to continue its production of High-Assay, Low-Enriched Uranium (HALEU) through June 30, 2026. This extension underscores the ongoing collaboration established in 2019 to enhance America's uranium enrichment capabilities.

Company Information

Company

Centrus Energy

Location

Bethesda, Maryland, United States

About

Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, helping meet the growing need for clean, affordable, carbon-free energy. Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal. With world-class technical and engineering capabilities, Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America's uranium enrichment capabilities at scale so that we can meet our clean energy, energy security, and national security needs.

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