Centrus Energy gains on DOE contract extension

Centrus Energy

20/06/2025 12:31

** U.S.-based nuclear fuel supplier Centrus Energy's LEU.A shares up 3.7% at $187.66 premarket

** Company says the U.S. Department of Energy has extended its contract to produce High-Assay, Low-Enriched Uranium (HALEU) through June 30, 2026

** Extension is valued at around $110 million

** It adds that the department has additional options for continued production for up to additional eight years beyond that date

** As of last close, LEU shares up 171.7% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))