Centrus Energy falls after Russia cancels TENEX export license
19/11/2024 10:41
(Updates)
** U.S.-based nuclear fuel supplier Centrus Energy's LEU.N
shares fall 3.7% to $73.62 premarket
** On Monday, company said it received a notice from Russia's
TENEX cancelling its license to export low-enriched uranium to
the United States, effective through Dec. 31, 2025
** If TENEX, part of Russia's state-owned energy company,
Rosatom, is unable to secure export licenses, it would affect
Centrus' ability to meet delivery obligations to customers,
company said
** Up to last close, Centrus Energy up ~40.5% YTD
(Reporting by Seher Dareen in Bengaluru)
((mailto:Seher.Dareen@thomsonreuters.com))