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Centrus Energy gains on US centrifuge manufacturing launch

ReutersDec 19, 2025 2:15 PM

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

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