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Centrus Energy ships first new centrifuge, advancing US uranium enrichment expansion.

Market News
29 Oct 2026, 13:45 WIB
PRNewsWire
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Bullish
Centrus Energy ships first new centrifuge, advancing US uranium enrichment expansion.

Centrus Energy's Oak Ridge plant has completed and shipped its first new centrifuge as part of a major expansion to increase uranium enrichment capacity in the US. This milestone establishes a fully domestic supply chain connecting manufacturing in Tennessee with final assembly in Ohio, supporting both commercial and national security needs. The expansion aims to produce enriched uranium for current and next-generation reactors, with new capacity expected online by 2029. This development strengthens America's nuclear fuel independence and energy security.

Centrus Energy Corp's stock is currently priced at USD 109.57 on Pluang, showing a 2.14% decline in the last day. As of Oct 29, 2026 18:01 WIB, the market cap stands at $2.24 billion with a typical hold time of 34 days, reflecting active trading amid the company's expansion news.

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