Centrus Stock Gains 5% on Third DOE Award Win for Uranium Enrichment
Centrus Energy (LEU) ZACKS·2024-12-12 21:01
Shares of Centrus Energy Corp. (LEU) rose 5% yesterday following the announcement that its subsidiary, American Centrifuge Operating, LLC ("ACO") has secured an award from the U.S Department of Energy (DOE) to expand commercial production of Low-Enriched Uranium (LEU) . This marks Centrus’ third win under DOE's Nuclear Fuel Supply Program this year. This reinforces Centrus’ alignment with the U.S. government’s goal to reduce reliance on Russian imports, build a resilient fuel supply chain for the U.S. nucle ...