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Stock impact report

US DOE Awards $2.7B for Uranium Enrichment in Nuclear Power Push [Yahoo! Finance]

Centrus Energy Corp. Class A (LEU) 
NASDAQ:AMEX Investor Relations: investors.centrusenergy.com/investor-relations
Company Research Source: Yahoo! Finance
companies for enrichment services to enable the production of low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU). "Today's awards show that this administration is committed to restoring a secure domestic nuclear fuel supply chain capable of producing the nuclear fuels needed to power the reactors of today and the advanced reactors of tomorrow", Energy Secretary Chris Wright said in an online statement Monday. American Centrifuge Operating LLC and General Matter Inc each won $900 million to establish domestic HALEU enrichment capacity for advanced reactors. Orano Federal Services LLC also won $900 million to expand the U.S.' LEU enrichment capacity. "Last year, DOE signed contracts with a total of six companies for LEU and HALEU enrichment that allowed them to bid on future work. Today, the department announced task order awards with three companies that will transition the United States away from foreign sources of uranium and diversify the nation's domestic Show less Read more
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