Centrus Achieves Key Production Milestone with Delivery of 900 Kilograms of HALEU to the Department of Energy

Core Points - Centrus Energy's subsidiary has successfully produced and delivered 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, marking a significant milestone in HALEU production [1][2] - The company has achieved its production target for Phase II of its contract with the Department of Energy, having delivered over 920 kilograms of HALEU to date [1][3] - Centrus is the only source of HALEU enrichment in the Western world, which is critical for the next generation of reactors [2] - The company is moving into Phase III of its HALEU production contract, having secured a contract extension for an additional year of production through June 30, 2026 [2][3] - The HALEU produced is intended to support national priorities, including the demonstration and commercialization of HALEU-fueled advanced reactors [4] Company Overview - Centrus Energy has been a trusted supplier of nuclear fuel and services since 1998, providing over 1,850 reactor years of fuel, equivalent to more than 7 billion tons of coal [5] - The company is focused on restoring America's uranium enrichment capabilities at scale to meet clean energy, energy security, and national security needs [6]