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deliveries.
INVESTOR RELATIONS
Investor Relations. Centrus Energy is a trusted supplier of enriched uranium fuel for commercial nuclear power plants in the United States and around the world. With world-class technical and engineering capabilities, Centrus is advancing the next generation of centrifuge technologies so that America can restore its domestic uraniumenrichment
CAREERS - CENTRUS ENERGY CORP Benefits. Centrus Energy Corp. offers employees a highly competitive package of benefits. Listed below are those benefits offered to all full-time employees: Company paid life insurance for up to one times your salary, with the option to purchase additional insurance for yourself and your dependents. Company subsidized health insurance CENTRUS PROVIDES UPDATE ON CONSTRUCTION OF AMERICA’S FIRST BETHESDA, Md. - Centrus Energy Corp. (NYSE American: LEU) is providing an update on construction of the nation’s first production facilityfor High
AMERICAN CENTRIFUGE
American Centrifuge. Centrus is working with the U.S. Department of Energy and Oak Ridge National Laboratory to develop and demonstrate a highly-efficient uranium enrichment gas centrifuge technology with an important role to play for the national security and energy security of the United States and its allies around the world. This technologyPHILIP STRAWBRIDGE
Mr. Strawbridge is an action-oriented executive with extensive experience in the nuclear, environmental, technology and service industries. From 2010 to 2013, he served as an executive adviser at Court Square Capital. Mr. Strawbridge served in various executive positions including Chief Financial Officer at EnergySolutions, anuclear services
NRC ACCEPTS CENTRUS ENERGY APPLICATION FOR LICENSE BETHESDA, Md., June 23, 2020 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that the Company's application to produce High-Assay Low-Enriched Uranium (HALEU) at its Piketon, Ohio, facility has been accepted by the Nuclear Regulatory Commission (NRC) for formal review. HALEU-based fuels will be required for most of the advanced reactor designs currentlyDANIEL B. PONEMAN
Daniel B. Poneman is president and chief executive officer of Centrus Energy Corp. He also serves on the company’s board of directors. From 2009 to 2014, Mr. Poneman was the Deputy Secretary of Energy, also serving as the chief operating officer of the U.S. Department ofEnergy.
MIKEL H. WILLIAMS
Mikel H. Williams Chairman. Mikel H. Williams has served as the Chief Executive Officer and a director of Targus Cayman Holdco Limited, a leading global supplier that designs, develops and sells products for the mobile worker, including laptop cases, docking stations and accessories for mobile electronic devices since February 2016. CENTRUS ENERGY CORP. ANNOUNCES MANAGEMENT TRANSITION Centrus Energy Corp. Announces Management Transition. BETHESDA, Md. -- (BUSINESS WIRE)--Apr. 17, 2015-- Centrus Energy Corp. (NYSE MKT:LEU) announced today that Senior Vice President and Chief Operating Officer Robert Van Namen will be stepping down from his position at Centrus on May 29, 2015 . Van Namen joined the Company in 1999 as vice HOME - CENTRUS ENERGY CORPEXECUTIVESBOARD OF DIRECTORSCORPORATE GOVERNANCEADVISORY BOARDWHAT WE DONATIONAL SECURITY Nuclear Fuel. Centrus Energy is the world’s most diversified supplier of enriched uranium fuel. Drawing upon our long-term supply agreements with primary producers, purchases from secondary sources, and inventory, Centrus is continuing its nearly 60-year record of providing utility customers with assured, affordable, and on-timedeliveries.
INVESTOR RELATIONS
Investor Relations. Centrus Energy is a trusted supplier of enriched uranium fuel for commercial nuclear power plants in the United States and around the world. With world-class technical and engineering capabilities, Centrus is advancing the next generation of centrifuge technologies so that America can restore its domestic uraniumenrichment
CAREERS - CENTRUS ENERGY CORP Benefits. Centrus Energy Corp. offers employees a highly competitive package of benefits. Listed below are those benefits offered to all full-time employees: Company paid life insurance for up to one times your salary, with the option to purchase additional insurance for yourself and your dependents. Company subsidized health insurance CENTRUS PROVIDES UPDATE ON CONSTRUCTION OF AMERICA’S FIRST BETHESDA, Md. - Centrus Energy Corp. (NYSE American: LEU) is providing an update on construction of the nation’s first production facilityfor High
AMERICAN CENTRIFUGE
American Centrifuge. Centrus is working with the U.S. Department of Energy and Oak Ridge National Laboratory to develop and demonstrate a highly-efficient uranium enrichment gas centrifuge technology with an important role to play for the national security and energy security of the United States and its allies around the world. This technologyPHILIP STRAWBRIDGE
Mr. Strawbridge is an action-oriented executive with extensive experience in the nuclear, environmental, technology and service industries. From 2010 to 2013, he served as an executive adviser at Court Square Capital. Mr. Strawbridge served in various executive positions including Chief Financial Officer at EnergySolutions, anuclear services
NRC ACCEPTS CENTRUS ENERGY APPLICATION FOR LICENSE BETHESDA, Md., June 23, 2020 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that the Company's application to produce High-Assay Low-Enriched Uranium (HALEU) at its Piketon, Ohio, facility has been accepted by the Nuclear Regulatory Commission (NRC) for formal review. HALEU-based fuels will be required for most of the advanced reactor designs currentlyDANIEL B. PONEMAN
Daniel B. Poneman is president and chief executive officer of Centrus Energy Corp. He also serves on the company’s board of directors. From 2009 to 2014, Mr. Poneman was the Deputy Secretary of Energy, also serving as the chief operating officer of the U.S. Department ofEnergy.
MIKEL H. WILLIAMS
Mikel H. Williams Chairman. Mikel H. Williams has served as the Chief Executive Officer and a director of Targus Cayman Holdco Limited, a leading global supplier that designs, develops and sells products for the mobile worker, including laptop cases, docking stations and accessories for mobile electronic devices since February 2016. CENTRUS ENERGY CORP. ANNOUNCES MANAGEMENT TRANSITION Centrus Energy Corp. Announces Management Transition. BETHESDA, Md. -- (BUSINESS WIRE)--Apr. 17, 2015-- Centrus Energy Corp. (NYSE MKT:LEU) announced today that Senior Vice President and Chief Operating Officer Robert Van Namen will be stepping down from his position at Centrus on May 29, 2015 . Van Namen joined the Company in 1999 as vice SEARCH - CENTRUS ENERGY CORP What We Do. Centrus plays a critical role in areas such as fueling commercial nuclear reactors, supporting U.S. national security, and providing advanced manufacturing and engineering capabilities. CENTRUS REPORTS RESULTS OF ANNUAL SHAREHOLDER MEETING Centrus Reports Results of Annual Shareholder Meeting. BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) announced the results of the 2020 annual meeting of shareholders held on June 17, 2020. As of the record date, April 20, 2020, there were 8,783,189 shares of Centrus Class A common stock outstanding, each entitled to one vote,and
ENVIRONMENTAL BENEFITS OF NUCLEAR POWER Environmental Benefits of Nuclear Power. Nuclear power plants generate roughly 20 percent of the electricity used in the United States and are the country’s largest source of emissions-free electricity. According to the Nuclear Energy Institute, U.S. nuclear plants prevented the emissions of more than 642 million metric tons of carbondioxide
HIGH-ASSAY LOW-ENRICHED URANIUM Many of the reactor designs being prepared for future deployment will need a higher assay uranium fuel to operate. Centrus is working with X-energy to pursue the development of a fuel fabrication facility that would produce X-energy’s TRISO fuel forms using high-assay low-enriched uranium (HALEU).GAS CENTRIFUGE
A centrifuge enrichment plant is made up of multiple cascades. The gas centrifuge process has three characteristics that make it economically attractive for uranium enrichment: Proven technology: Centrifuge technology is a proven enrichment process. Currently various forms of this technology are used in several countries. X-ENERGY AND CENTRUS BEGIN ADVANCED NUCLEAR FUEL BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) has signed a new services contract with X Energy, LLC (X-energy) to proceed with the preliminary design of a facility to fabricate advanced nuclear fuel. The contract builds upon the companies’ prior contract, signed in March 2018, to complete a conceptual design of the facility. CENTRUS FINALIZES THREE YEAR CONTRACT TO DEMONSTRATE HALEU BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) today announced the company has signed a three-year contract with the U.S. Department of Energy (DOE) to deploy a cascade of centrifuges to demonstrate production of high-assay, low TERRAPOWER ANNOUNCES PLAN TO INVEST IN DOMESTIC ADVANCED TerraPower announced today its plans to team with Centrus Energy Corp. to establish commercial-scale, domestic production capabilities for high-assay, low-enriched uranium (HALEU), which will be needed to fuel many next-generation reactor designs including the recently announced Natrium™ Power Storage System designed by TerraPower and GE HitachiNuclear Energy.
JIM HOWE - CENTRUS ENERGY CORP Jim Howe. Jim Howe is vice president, government relations, for Centrus Energy Corp., overseeing the company’s relationships with the executive and legislative branches of government, and supporting business development with key industry partners and select trade associations. Mr. Howe is a U.S. Coast Guard veteran who served 11years at sea
REQUEST INFORMATION
Thank you for requesting information regarding Centrus Energy Corp. If you'd like us to mail you our 10-K or 10-Q please fill out the form and the material will arrive in the next 5-7 business days. HOME - CENTRUS ENERGY CORPEXECUTIVESBOARD OF DIRECTORSCORPORATE GOVERNANCEADVISORY BOARDWHAT WE DONATIONAL SECURITY Centrus Energy is a trusted supplier of nuclear fuel and services for the nuclear power industry. CAREERS - CENTRUS ENERGY CORP Important Notice: Fraud Alert. Centrus Energy Corp. has received reports about individuals receiving fraudulent job offers and requests for interviews via LinkedIn, letters, emails, social postings, phone calls, instant messages (including Whatsapp) and texts.INVESTOR RELATIONS
Centrus Energy is a trusted supplier of nuclear fuel and services for utilities around the world. We provide value to our utility customers through the reliability and diversity of our supply sources of enriched uranium – helping them meet the growing need for clean, affordable, carbon-free electricity. CENTRUS PROVIDES UPDATE ON CONSTRUCTION OF AMERICA’S FIRST BETHESDA, Md. - Centrus Energy Corp. (NYSE American: LEU) is providing an update on construction of the nation’s first production facilityfor High
AMERICAN CENTRIFUGE
Centrus is working with the U.S. Department of Energy and Oak Ridge National Laboratory to develop and demonstrate a highly-efficient uranium enrichment gas centrifuge technology with an important role to play for the national security and energy security of the United States and its allies around the world. HIGH-ASSAY LOW-ENRICHED URANIUM Many of the reactor designs being prepared for future deployment will need a higher assay uranium fuel to operate. Centrus is working with X-energy to pursue the development of a fuel fabrication facility that would produce X-energy’s TRISO fuel forms using high-assay low-enriched uranium (HALEU).DANIEL B. PONEMAN
Daniel B. Poneman President and Chief Executive Officer. Daniel B. Poneman is president and chief executive officer of Centrus Energy Corp. He also serves on the company’s board of directors. CENTRUS FINALIZES THREE YEAR CONTRACT TO DEMONSTRATE HALEU Centrus signed a three-year contract with the U.S. Department of Energy to deploy a cascade of centrifuges to demonstrate production of high-assay, low-enriched uranium (HALEU) fuel for advanced reactors. NRC ACCEPTS CENTRUS ENERGY APPLICATION FOR LICENSE BETHESDA, Md., June 23, 2020 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that the Company's application to produce High-Assay Low-Enriched Uranium (HALEU) at its Piketon, Ohio, facility has been accepted by the Nuclear Regulatory Commission (NRC) for formal review. HALEU-based fuels will be required for most of the advanced reactor designs currentlyMIKEL H. WILLIAMS
Mikel H. Williams Chairman. Mikel H. Williams has served as the Chief Executive Officer and a director of Targus Cayman Holdco Limited, a leading global supplier that designs, develops and sells products for the mobile worker, including laptop cases, docking stations and accessories for mobile electronic devices since February 2016. HOME - CENTRUS ENERGY CORPEXECUTIVESBOARD OF DIRECTORSCORPORATE GOVERNANCEADVISORY BOARDWHAT WE DONATIONAL SECURITY Centrus Energy is a trusted supplier of nuclear fuel and services for the nuclear power industry. CAREERS - CENTRUS ENERGY CORP Important Notice: Fraud Alert. Centrus Energy Corp. has received reports about individuals receiving fraudulent job offers and requests for interviews via LinkedIn, letters, emails, social postings, phone calls, instant messages (including Whatsapp) and texts.INVESTOR RELATIONS
Centrus Energy is a trusted supplier of nuclear fuel and services for utilities around the world. We provide value to our utility customers through the reliability and diversity of our supply sources of enriched uranium – helping them meet the growing need for clean, affordable, carbon-free electricity. CENTRUS PROVIDES UPDATE ON CONSTRUCTION OF AMERICA’S FIRST BETHESDA, Md. - Centrus Energy Corp. (NYSE American: LEU) is providing an update on construction of the nation’s first production facilityfor High
AMERICAN CENTRIFUGE
Centrus is working with the U.S. Department of Energy and Oak Ridge National Laboratory to develop and demonstrate a highly-efficient uranium enrichment gas centrifuge technology with an important role to play for the national security and energy security of the United States and its allies around the world. HIGH-ASSAY LOW-ENRICHED URANIUM Many of the reactor designs being prepared for future deployment will need a higher assay uranium fuel to operate. Centrus is working with X-energy to pursue the development of a fuel fabrication facility that would produce X-energy’s TRISO fuel forms using high-assay low-enriched uranium (HALEU).DANIEL B. PONEMAN
Daniel B. Poneman President and Chief Executive Officer. Daniel B. Poneman is president and chief executive officer of Centrus Energy Corp. He also serves on the company’s board of directors. CENTRUS FINALIZES THREE YEAR CONTRACT TO DEMONSTRATE HALEU Centrus signed a three-year contract with the U.S. Department of Energy to deploy a cascade of centrifuges to demonstrate production of high-assay, low-enriched uranium (HALEU) fuel for advanced reactors. NRC ACCEPTS CENTRUS ENERGY APPLICATION FOR LICENSE BETHESDA, Md., June 23, 2020 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that the Company's application to produce High-Assay Low-Enriched Uranium (HALEU) at its Piketon, Ohio, facility has been accepted by the Nuclear Regulatory Commission (NRC) for formal review. HALEU-based fuels will be required for most of the advanced reactor designs currentlyMIKEL H. WILLIAMS
Mikel H. Williams Chairman. Mikel H. Williams has served as the Chief Executive Officer and a director of Targus Cayman Holdco Limited, a leading global supplier that designs, develops and sells products for the mobile worker, including laptop cases, docking stations and accessories for mobile electronic devices since February 2016.NEWS AND UPDATES
“Despite the unprecedented health crisis posed by COVID-19, with a large portion of our staff shifting to telework, Centrus has had a great year that saw us return to profitability, improve our balance sheet, and deliver value to stockholders with a higher share price,” said Daniel Poneman, Centrus President and Chief Executive Officer. WHO WE ARE - CENTRUS ENERGY CORP Centrus Energy is a trusted supplier of nuclear fuel and services for the nuclear power industry. We provide value to our utility customers through the reliability and diversity of our supply sources of enriched uranium – helping them meet the growing need for clean, affordable, carbon-free electricity. CONTACT - CENTRUS ENERGY CORP Centrus Energy Corp. 6901 Rockledge Drive, Suite 800, Bethesda, Maryland 20817 Main: (301) 564-3200 Fax: (301) 564-3201 Corporate Communications Main: (301) 564-3391 Fax: (301) 564-3211 Email: corpcomm@centrusenergy.com Media Contact: Jeremy Derryberry Communications Manager Phone: (301) 564-3392 derryj@centrusenergy.com Investor Relations Phone: (301) 564-3354 financial@centrusenergy.com HIGH-ASSAY LOW-ENRICHED URANIUM Many of the reactor designs being prepared for future deployment will need a higher assay uranium fuel to operate. Centrus is working with X-energy to pursue the development of a fuel fabrication facility that would produce X-energy’s TRISO fuel forms using high-assay low-enriched uranium (HALEU). CENTRUS REPORTS RESULTS OF ANNUAL SHAREHOLDER MEETING Centrus Energy Corp. (NYSE American: LEU) announced the results of the 2020 annual meeting of shareholders held on June 17, 2020.GAS CENTRIFUGE
The gas centrifuge process has three characteristics that make it economically attractive for uranium enrichment: Proven technology: Centrifuge technology is a proven enrichment process.REQUEST INFORMATION
Thank you for requesting information regarding Centrus Energy Corp. If you'd like us to mail you our 10-K or 10-Q please fill out the form and the material will arrive in the next 5-7 business days. X-ENERGY AND CENTRUS BEGIN ADVANCED NUCLEAR FUEL The companies will proceed with the preliminary design of a facility to fabricate advanced nuclear fuel and will begin license application development for a advanced nuclear fuel fabrication facility. CENTRUS COMPLETES D&D PROJECT FOR U.S. DOE ON TIME, ON Centrus finished the $15 million project in just one year. The D&D of K-1600 is part of a larger effort by DOE to clean up the site so that it can be reused for commercial and industrial purposes by the localcommunity.
CENTRUS ENERGY CORP. ANNOUNCES MANAGEMENT TRANSITION BETHESDA, Md.--(BUSINESS WIRE)--Apr. 17, 2015-- Centrus Energy Corp. (NYSE MKT:LEU) announced today that Senior Vice President and Chief Operating Officer Robert Van Namen will be stepping down from his position at Centrus on May 29, 2015. Van Namen joined the Company in 1999 as vice president of marketing and sales and was promoted to senior vice president in 2004.Skip navigation
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Who We Are
Centrus Energy is a trusted supplier of nuclear fuel and services for the nuclear power industry.Overview
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What We Do
Centrus plays a critical role in areas such as fueling commercial nuclear reactors, supporting U.S. national security, and providing advanced manufacturing and engineering capabilities.Overview
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TRUSTED NUCLEAR PARTNER TO THE WORLDPrevious
Our Capabilities
ADVANCED NUCLEAR
Centrus Technical Solutions provides a one-stop shop for meeting the advanced nuclear industry’s manufacturing and fuel design needs. Based on our experience with nuclear fuel, uranium enrichment, multi-physics modeling, engineering, design, advanced manufacturing, and project management, we can assist with the design and manufacture of critical components as well as the business planning, design, and licensing of facilities to produce new fuels.Learn More
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What We Do
NUCLEAR FUEL
Centrus Energy is the world’s most diversified supplier of enriched uranium fuel. Drawing upon our long-term supply agreements with primary producers, purchases from secondary sources, and inventory, Centrus is continuing its nearly 60-year record of providing utility customers with assured, affordable, and on-time deliveries.Learn More
02 / 05
What We Do
DECOMMISSIONING SERVICES From planning to execution, Centrus has the knowledge and experience to ensure the successful decommissioning of your nuclear facility with a focus on safety, regulatory compliance, and cost-effectiveness. Our team has demonstrated the ability to complete decommissioning work on schedule and budget by employing innovative approaches to meeting an organization’s goals, all while ensuring safe operations and strict adherence to regulatory requirements.Learn More
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Our Capabilities
DEVELOPMENT, DESIGN & ADVANCED MANUFACTURING From concept to production, Centrus Technical Solutions helps our customers reduce the time, cost, and risk of developing and manufacturing complex engineered products. Our team of scientists and engineers transform innovative ideas into proven designs and high-quality products and components. We can produce classified and unclassified components, large or small, whether you need one piece orthousands.
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National Security
URANIUM ENRICHMENT TECHNOLOGY Centrus is working with the U.S. Department of Energy and Oak Ridge National Laboratory to develop and demonstrate a highly efficient uranium enrichment gas centrifuge technology with an important role to play for the national security and energy security of the United States and its allies around the world.Learn More
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FEATURED NEWS
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11.05.2019
CENTRUS FINALIZES THREE YEAR CONTRACT TO DEMONSTRATE HALEU PRODUCTION Centrus has signed a three-year contract with the U.S. Department of Energy (DOE) to deploy a cascade of centrifuges to demonstrate production of high-assay, low-enriched uranium (HALEU) fuel foradvanced reactors
News Releases
03.25.2020
CENTRUS ENERGY CORP. REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTERAND FULL YEAR 2019
News Releases 11.07.2019 CENTRUS REPORTS THIRD QUARTER 2019 RESULTS News Releases 10.01.2019 CENTRUS REPAYS $27.5 MILLION IN OUTSTANDING NOTES News Releases 10.09.2019 CENTRUS COMPLETES D&D PROJECT FOR U.S. DOE ON TIME, ON BUDGETNews Releases
CENTRUS TECHNICAL SOLUTIONS PRODUCT DEVELOPMENT, DESIGN & ADVANCED MANUFACTURING From concept to production, Centrus Technical Solutions helps our customers reduce the time, cost, and risk of developing and manufacturing complex engineered products. Our team of scientists and engineers transform innovative ideas into proven designs and high-quality products and components. We can produce classified and unclassified components, large or small, whether you need one piece orthousands.
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OUR HISTORY
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DAWN OF THE ATOMIC AGE During the Manhattan Project, scientists and engineers in Oak Ridge, Tennessee, developed and built the world’s first large-scale uranium enrichment facilities.ATOMS FOR PEACE
In the decade after World War II, the country greatly expanded its enrichment capability. Three huge Gaseous Diffusion Plants in Tennessee, Kentucky, and Ohio – originally built for defense purposes – were the dominant source of fuel for most of the world’s civilian nuclear reactors through the 1970s, helping advance the cause of non-proliferation. U.S. enriched uranium exports required acceptance of nonproliferation commitments and International Atomic Energy Agency safeguards against diversion to military uses. THE U.S. FALLS BEHIND The United States’ role as the assured supplier of enriched uranium fuel has steadily declined since the late 1970s. While enrichment programs in Russia, Europe and China have expanded in recent years, the United States shut down its three enrichment plants in 1985, 2001 and 2013, without building a replacement that can meet U.S. national security requirements. The country now lacks a domestic enrichment capability for national security purposes for the first time since the Manhattan project. Learn more about the national security importance of domestic enrichment capability.
PRIVATIZATION
Bipartisan legislation passed in the 1990s privatized the U.S. enrichment enterprise, creating the United States Enrichment Corporation, the predecessor to Centrus. Proceeds from the sale of the company generated $3 billion for the U.S. Treasury. 1993-2013: MEGATONS TO MEGAWATTS Under a landmark agreement between the United States and Russia, 500 metric tons of former Soviet nuclear weapons material was converted into fuel for America’s civilian power reactors. The U.S. Government appointed USEC as its executive agent for the program, which became known as “Megatons to Megawatts.” The fuel supplied 10% of U.S. electricity needs for two decades while permanently eliminating 20,000 warheads worth of weapons-grade material by the time the last shipment of fuel was received at the end of 2013.2014
After a downturn in global enrichment prices driven by the ongoing market effects of the 2011 Fukushima disaster, the company filed for bankruptcy to restructure debts that were incurred to finance the development of new enrichment technology. The company emerged from this restructuring in October 2014 as Centrus Energy Corp. The newly reorganized company retains strong technical capabilities and long-term sales and supply contracts stretching more than a decadeinto the future.
LOOKING TO THE FUTURE Under new management, Centrus continues to book new sales and is adding to the diversity of its supply base. As the global enrichment market recovers in the coming years, the company remains committed to restoring America’s domestic enrichment capability and meeting the needs of our customers around the world. With world-class technical capabilities, a multibillion dollar order book, and long-term supply and sales agreements through 2030, Centrus is well-positioned for thefuture.
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Centrus Energy is a trusted supplier of nuclear fuel and services for the nuclear power industry.More About Us
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