Tennessee State Officials Announced a Major Expansion Involving Centrus Energy Corp. in East Tennessee

Group 1 - Tennessee state officials announced a major expansion involving Centrus Energy Corp., transitioning the Oak Ridge facility into a high-rate manufacturing plant, creating nearly 430 jobs and involving over $560 million in investment [1] - The expansion aligns with Centrus' plans to enhance its Ohio uranium enrichment operations, which are crucial for U.S. commercial and national security fuel supply, with the first centrifuges expected to be deployed in Ohio by 2029 [2] - Roth Capital raised its price target on Centrus Energy to $125 from $117, citing a $900 million award from the Department of Energy as a catalyst for capacity expansion in high-assay low-enriched uranium production [3] - Northland increased its price target for Centrus to $325 from $300, maintaining an Outperform rating, reflecting a faster path to market in 2029 and reduced funding risk following the DOE award [4] Group 2 - Centrus Energy Corp. is a U.S.-based supplier of nuclear fuel and related services, focused on supporting the nuclear power industry amid growing demand for domestic, carbon-free energy and secure fuel supply [5]