Centrus Energy (US:LEU) The Motley Fool·2025-06-20 22:17Core Viewpoint - Centrus Energy's stock rose by 5% following the announcement of a significant contract renewal with the U.S. Department of Energy, contrasting with a slight decline in the S&P 500 index [1][2]. Group 1: Contract Renewal - The U.S. Department of Energy exercised its option to extend Centrus' contract for producing high-assay, low-enriched uranium (HALEU) until June 30, 2026 [2]. - The Department of Energy has options for further extensions, potentially allowing Centrus to continue supplying HALEU for an additional eight years [6]. Group 2: Industry Context - HALEU is identified as a nuclear fuel type that is particularly suitable for modern nuclear reactor technologies, including small modular reactors (SMRs) [4]. - The recent contract news coincides with Centrus' partnership with Oklo, which has been selected to build and operate a nuclear plant for an Air Force base in Alaska, with a memorandum of understanding in place for Centrus to supply HALEU for Oklo's projects [5]. Group 3: Future Outlook - The extension of the contract not only provides a longer operational timeline for Centrus but also indicates potential for further business growth, especially if the current administration continues to support nuclear energy [7].