Centrus Provides Update on Construction of America’s First HALEU Production Facility

BETHESDA, Md., March 23, 2021 /PRNewswire/ — Centrus Energy Corp. (NYSE American: LEU) is providing an update on construction of the nation’s first production facility for High-Assay, Low-Enriched Uranium (HALEU) in Piketon, Ohio.

"Despite the impact of the pandemic and the extraordinary steps we have taken to protect our workforce – including limiting the number of people who can be on the construction site at any one time – we have kept construction on track and expect to begin producing HALEU by next year," said Centrus President and CEO Daniel B. Poneman. "We believe this first-of-a-kind facility can play a critical role in meeting both government and commercial requirements for HALEU, powering America’s nuclear leadership as the world turns to a new generation of advanced reactors and advanced nuclear fuels."

Under a 2019 contract with the U.S. Department of Energy’s Office of Nuclear Energy, Centrus is licensing and constructing a cascade […]

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