LEU
- Centrus Energy Corp.
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Overview
Company Summary
Centrus Energy Corp. is a company dedicated to the production and supply of enriched uranium fuel for commercial nuclear power plants worldwide. Founded in 1992, Centrus Energy is based in Bethesda, Maryland, and is currently traded on the New York Stock Exchange under the ticker symbol LEU.
The primary focus of Centrus Energy is to provide reliable and sustainable nuclear fuel solutions to its customers. The company leverages its expertise in the entire fuel cycle, from the conversion of natural uranium into enrichment feedstock, to the enrichment process itself, and the fabrication of nuclear fuel assemblies.
Centrus Energy operates two significant facilities, the American Centrifuge Plant in Piketon, Ohio, and the Piketon Test and Demonstration Center, which serve as the main production and research facilities. The American Centrifuge Plant is a state-of-the-art facility that utilizes advanced centrifuge technology to enrich uranium, a critical process to increase the concentration of the isotope U-235 in natural uranium, making it suitable for use in nuclear reactors.
In addition to its fuel production capabilities, Centrus Energy offers a range of related services to support the nuclear industry. These services include design and engineering expertise, component supply, and equipment maintenance for both existing and future nuclear power plants. The company also engages in research and development activities to advance the efficiency, safety, and sustainability of nuclear energy.
Centrus Energy is committed to the highest standards of safety, security, and non-proliferation in all its operations. It collaborates with governmental bodies, regulatory agencies, and international organizations to ensure compliance with rigorous industry standards and promote responsible nuclear energy use.
Overall, Centrus Energy Corp. is a key player in the global nuclear fuel market, providing reliable and sustainable solutions to support the generation of clean and efficient electricity through nuclear power.