Centrus Energy has signed a definitive contract to provide Low-Enriched Uranium (LEU) and High-Assay Low-Enriched Uranium (HALEU) to X-energy, supporting the deployment of X-energy's small modular reactors and TRISO-X fuel. The contract includes prepayments to Centrus to expand its domestic enrichment capacity at its American Centrifuge Plant in Ohio, strengthening the U.S. nuclear fuel supply chain and creating American jobs. This deal builds on Centrus' existing $3 billion backlog and aligns with growing demand for clean, reliable nuclear power. It also supports the U.S. goal of energy security and carbon-free energy production.
Centrus Energy, a key nuclear fuel supplier, faces stock volatility with a 28% decline in 2026 but holds a potential 21.94% upside as per analyst Stephen Gengaro's $216 price target. Despite this, the stock trades 150.5% above its intrinsic value and...
Nuclear-related stocks, including Uranium Energy, NuScale Power, and Oklo, rose sharply Tuesday despite little new company-specific news. Uranium Energy led with a 6% gain, followed by NuScale and Oklo each up about 5%, while the broader market showe...
Centrus Energy is expanding its uranium enrichment facility in Piketon, Ohio, with support from state and federal leaders, including Governor Mike DeWine. This multi-billion-dollar project aims to strengthen America's domestic nuclear fuel supply cha...
