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Stock impact report

Centrus Energy Expands Oak Ridge To Support Domestic Enrichment Ambitions [Yahoo! Finance]

Centrus Energy Corp. Class A (LEU) 
NASDAQ:AMEX Investor Relations: investors.centrusenergy.com/investor-relations
Company Research Source: Yahoo! Finance
Centrus Energy (NYSE:LEU) is expanding its Oak Ridge, Tennessee facility into a high rate manufacturing plant for advanced centrifuges. The project involves significant capital investment and is expected to create hundreds of new jobs in the region. The expansion is intended to support advanced centrifuge production for the domestic uranium enrichment market and U.S. energy and national security goals. Centrus Energy focuses on uranium enrichment and related nuclear fuel services, and this Oak Ridge build out puts that core business front and center. For investors watching the nuclear fuel space, the move ties directly to U.S. efforts to secure domestic supply and reduce reliance on foreign enrichment capacity. It also comes as policymakers keep nuclear power in the mix for long term energy planning. For you as an investor, the Oak Ridge expansion is worth tracking as future contracts, regulatory developments, and federal or state support programs emerge around domestic enric Show less Read more
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