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Centrus Energy Reports Award of $900 Million Task Order
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Centrus Energy Reports Award of $900 Million Task Order
Mar 10, 2026 11:51 PM

04:16 PM EST, 01/06/2026 (MT Newswires) -- Centrus Energy ( LEU ) shares were up almost 4% Tuesday after the company said it has been chosen by the US Department of Energy for a $900 million task order to expand its uranium enrichment facility in Piketon, Ohio.

The facility expansion will include commercial-scale production of High-Assay, Low-Enriched Uranium, the company said.

The award also includes options, at the Department's discretion,

for up to $170 million to produce the uranium that could bring the total order contract value to $1.07 billion, it added.

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