Centrus Energy Signs $900 Million DOE Contract for HALEU Enrichment

Jul 02, 2026

Contract Type

contract

BethesdaOtherEnergySustainabilityOil And GasNatural ResourcesScience And EngineeringRenewable Energy

Description

On June 30, 2026, Centrus Energy Corp.'s subsidiary, American Centrifuge Operating, LLC, entered into a contract with the U.S. Department of Energy to establish new HALEU enrichment capacity. The contract is valued at $900 million, to be paid in performance-based milestone payments, with a delivery deadline of March 2032. This initiative supports the deployment of domestic commercial uranium enrichment to meet emerging energy demands.

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.