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Stock impact report

Centrus Energy Expands HALEU Role As Russian Ban Reshapes Uranium Supply [Yahoo! Finance]

Centrus Energy Corp. Class A (LEU) 
NASDAQ:AMEX Investor Relations: investors.centrusenergy.com/investor-relations
Company Research Source: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Centrus Energy (NYSE:LEU) secured a US$900 million HALEU enrichment contract with the U.S. Department of Energy. The company announced a multibillion dollar expansion of enrichment capacity in Ohio and Tennessee. Centrus outlined its role in addressing the supply gap created by the recent ban on Russian uranium imports. Centrus Energy, traded as NYSE:LEU, is positioning itself at the center of the U.S. nuclear fuel supply chain as policy shifts focus toward domestic enrichment capacity. The company supplies enriched uranium and is currently the only NRC licensed producer of HALEU in the Western world, a fuel type seen as important for many next generation reactor designs. For investors, this contract and expansion plan connect directly to long term themes of energy security and support for advanced nuclear Show less Read more
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