NRC Approves Centrus Energy’s License Amendment for HALEU Production

BETHESDA, Md., June 14, 2021 /PRNewswire/ — Centrus Energy Corp. (NYSE American: LEU) today announced that the U.S. Nuclear Regulatory Commission (NRC) approved the Company’s license amendment request to produce High-Assay, Low-Enriched Uranium (HALEU) at the Piketon, Ohio, enrichment facility. The Piketon plant is now the only U.S. facility licensed to enrich uranium up to 20 percent Uranium-235 (U-235) and expects to begin demonstrating HALEU production early next year.

"This approval is a major milestone in our contract with the Department of Energy," said Daniel B. Poneman, Centrus President and CEO. "We appreciate the dedicated and rigorous work of the NRC staff and Commissioners in their review and approval of our license amendment request."

HALEU-based fuels will be required for most of the advanced reactor designs currently under development and may also be utilized in next-generation fuels for the existing fleet of reactors in the United States and around the world. […]

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