Centrus Energy enters supply agreement with X-Energy; shares rise
06/08/2026 14:41
BUZZ-Centrus Energy enters supply agreement with X-Energy; shares rise Updates
** Shares of Centrus Energy LEU.N gain 3.3% to $193.43
** The U.S.- based nuclear fuel supplier 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 at its American Centrifuge Plant in Pike County, Ohio
** Including session's moves, LEU down ~21.3% YTD
(Reporting by Dharna Bafna in Bengaluru)