Centrus Energy gains on US centrifuge manufacturing launch

Centrus Energy

19/12/2025 14:15

** Shares of U.S.-based nuclear fuel supplier Centrus Energy LEU.N up 2.2% at $233.74 premarket

** Company begins domestic centrifuge manufacturing to support commercial low-enriched uranium (LEU) enrichment activities at its Ohio facility

** Centrus intends to leverage its multi-billion-dollar enrichment expansion to address a rising backlog of $2.3 billion in contingent LEU sales

** The first new production capacity is expected to come online in 2029

** As of last close, LEU up ~245% YTD

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))