Oklo, Centrus Energy sign fuel supply intent deal; shares rise
18/06/2026 12:35
BUZZ-Oklo, Centrus Energy sign fuel supply intent deal; shares rise ** Shares of Sam-Altman backed nuclear technology company Oklo OKLO.N up 3.1% to $60.71 premarket
** Shares of Centrus Energy LEU.N up 5.5% to $179.86
** OKLO and LEU sign letter of intent for Centrus to supply high-assay low-enriched uranium (HALEU) fuel powering up to five Aurora powerhouses, with deliveries beginning 2029
** Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio, to support Oklo's planned 1.2 GW power campus in the region
** The LOI includes prepayments from Oklo to Centrus to support fuel supply for Oklo's planned campus buildout and will be further negotiated in a future definitive agreement
** As of last close OKLO down 18% YTD; LEU down ~30% YTD
(Reporting by Dharna Bafna in Bengaluru)