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0 -0.00062090652352435 -0.000340497125803705 0.00140204698860334 -0.00254331323732656 0.0032847958018707 0.00344502974342534 0.016624271436297
Stock impact report

LEU Enrichment Scale-Up: A Win for U.S. Energy Independence? [Yahoo! Finance]

Centrus Energy Corp. Class A (LEU) 
NASDAQ:AMEX Investor Relations: investors.centrusenergy.com/investor-relations
Company Research Source: Yahoo! Finance
This marks a pivotal milestone in the American nuclear fuel supply chain, which has lacked domestically owned large-scale enrichment capability for more than a decade. The last U.S.-owned, large-scale uranium enrichment plant was constructed in the 1950s but shut down in 2013, leaving the United States heavily reliant on foreign, state-owned enterprises that dominate global enrichment capacity. With imports of Russian enriched uranium banned starting in 2028, Centrus Energy's endeavors address the urgent and growing need for secure, U.S.-owned enrichment capacity. Centrus Energy is strategically moving ahead to expand its uranium enrichment plant in Piketon to support the production of both Low-Enriched Uranium and High-Assay, Low-Enriched Uranium (HALEU). The company is already a leading contender for funding from the Department of Energy, with potential task orders indicated at approximately $900 million each. Centrus Energy raised $1.2 billion via convertible note transaction Show less Read more
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