Centrus Energy Corp.
Russian Government Revokes TENEX Export License for LEU Supplies to Centrus
Summary
On November 18, 2024, Centrus Energy Corp. reported that the Russian government revoked TENEX's export license for low enriched uranium (LEU) shipments to the United States, effective through December 31, 2025. This could disrupt Centrus's LEU supply and impact its ability to fulfill customer orders. Separately, Centrus amended a contract for High-Assay, Low-Enriched Uranium (HALEU) production, extending its phase to June 30, 2025, with an additional $24 million in funding.
Profitelligence Alerts
Get alerts for LEU
Be first to know when Centrus Energy Corp. files with the SEC.
Filing Categories
Advertisement
About Centrus Energy Corp.
Centrus Energy Corp. is a diversified energy company focusing on the supply of nuclear fuel and services for the global nuclear power industry. The primary function of the company is to provide enriched uranium, a critical component in the production of nuclear energy. Centrus Energy plays a significant role in the nuclear fuel cycle, participating in activities that range from uranium enrichment to nuclear fuel sales. This firm is vital to the power generation sector, particularly in regions where nuclear power is a significant energy source. With its versatile offerings, Centrus Energy engages with both domestic and international markets, reflecting its strategic importance in maintaining the reliability and efficiency of nuclear energy production. Its operations ensure the availability of supply chains for nuclear power plants, contributing to energy security and environmentally sustainable energy solutions. Headquartered in Bethesda, Maryland, Centrus continues to support the transition towards cleaner energy alternatives and remains a key player in the evolving landscape of global energy production.
Official SEC Documents
Advertisement