Centrus Energy enters supply agreement with X-Energy; shares rise
06/08/2026 13:27
BUZZ-Centrus Energy enters supply agreement with X-Energy; shares rise ** Shares of U.S.- based nuclear fuel supplier Centrus Energy LEU.N up ~4% to $194.69 premarket
** Co to provide X-energy XE.O with enrichment services for Low-Enriched Uranium ("LEU") and High-Assay, Low-Enriched Uranium ("HALEU")
** They are expected to support X-energy's initial Xe-100 small modular reactors and TRISO-X fuel deployments
** Under the contract, X-energy will provide prepayments to Centrus to support its domestic commercial enrichment capacity program
** Centrus will produce LEU and HALEU from its American Centrifuge Plant in Pike County, Ohio
** As of last close, LEU down ~23% YTD
(Reporting by Dharna Bafna in Bengaluru)