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Published: 2024-10-18 12:33:10 ET LEU By Sabela Ojea Shares of Centrus Energy on Friday jumped a day after the company said its subsidiary American Centrifuge Operating won an award from the Energy Department to expand its high-assay, low-enriched uranium domestic commercial production.
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Centrus Energy
Country
US
Industry
Materials
Market Cap
Small Cap
Num. Employees
275
IPO Date
Jul 23, 1998
Country
US
Industry
Materials
Centrus Energy Corp. engages in the supply of nuclear fuel and services for the nuclear power industry. The company is headquartered in Bethesda, Maryland and currently employs 275 full-time employees. The Company’s segments include Low-Enriched Uranium (LEU) and Technical Solutions. Its LEU segment supplies various components of nuclear fuel to commercial customers from its global network of suppliers. The LEU segment includes sales of the SWU component of LEU, sales of both the SWU and uranium components of LEU, and sales of natural uranium. The firm supplies LEU and its components to both domestic and international utilities for use in nuclear reactors worldwide. The company provides LEU from multiple sources, including medium and long-term supply contracts, and spot purchases. Its Technical Solutions segment provides advanced engineering, design, and manufacturing services to government and private sector customers. The company is deploying uranium enrichment and other capabilities necessary for the production of advanced nuclear fuel to power existing reactors around the world.
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Bearish
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