Centrus Energy Corp

NYSE American:LEUUnited States

Nov 20, 2024

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• DJ U.S. Nuclear Reactors Still Depend on Russia. That's Becoming a Problem. -- Barrons.com, from 12:13PM ET on Wednesday Nov 20, 2024 by Dow Jones

  12:13PM ET on Wednesday Nov 20, 2024 by Dow Jones
  Companies Mentioned: LEU, C, CEG, CCJ, CCO
  
  By Avi Salzman
  
  Escalating tensions between Russia and the United States have wide implications for global security. Ukraine fired long-range missiles at Russia this week, after the U.S. approved plans to do so. Russian President Vladimir Putin said the move has crossed a red line, and changed Russia's nuclear doctrine to allow for nuclear strikes in response to attacks with conventional weapons.
  

• Centrus Launches Additional Investment in Centrifuge Manufacturing, from 11:30AM ET on Wednesday Nov 20, 2024 by PR Newswire

  11:30AM ET on Wednesday Nov 20, 2024 by PR Newswire
  Companies Mentioned: LEU

  Investment lays groundwork for potential large-scale uranium enrichment expansion

  Centrus Energy Corp. (NYSE American: LEU) today announced that it is resuming centrifuge manufacturing activities and expanding its manufacturing capacity at its facility in Oak Ridge, Tennessee. The company will invest an additional approximately $60 million for this effort over the next 18 months to lay the groundwork to support a potential large-scale expansion of uranium enrichment at the Centrus' American Centrifuge Plant in Piketon, Ohio. Such a large-scale expansion would require a multi-billion dollar public and private investment.

• Centrus Launches Additional Investment in Centrifuge Manufacturing, from 11:30AM ET on Wednesday Nov 20, 2024 by Dow Jones

  11:30AM ET on Wednesday Nov 20, 2024 by Dow Jones
  Companies Mentioned: LEU
  
  Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. Readers are urged to carefully review and consider the various disclosures made in this news release and in our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2023, under Part II, Item 1A - "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, and in our filings with the SEC that attempt to advise interested parties of the risks and factors that may affect our business. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.