Centrus Energy (LEU) Stock

2024 may become known as the year America fell back in love with nuclear power. Will 2025 be the year we get serious about it?

Nuclear power, once beloved, became hated after high-profile power plant accidents starting in 1979. But now, given better safety practices, increasing power needs for AI, automation etc., and pressing concerns for clean sustainable power, it's been roaring back into vogue. Centrus has been a big distributor of “enriched” uranium, which makes nuclear power possible.

LEU wins its third award from the U.S. Department of Energy this year for domestic uranium enrichment.

LEU Enrichment Award Marks Third Selection for Centrus under DOE's Nuclear Fuel Supply Program BETHESDA, Md. , Dec. 11, 2024 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC ("ACO"), has won an award from the U.S. Department of Energy aimed at expanding domestic commercial production of Low-Enriched Uranium ("LEU") to meet the needs of existing and future nuclear reactors.

The export license of LEU's Russia-based supplier TENEX has been revoked. Let us find out the implications for the company and how investors should react to the LEU stock.

Investment lays groundwork for potential large-scale uranium enrichment expansion BETHESDA, Md. , Nov. 20, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that it is resuming centrifuge manufacturing activities and expanding its manufacturing capacity at its facility in Oak Ridge, Tennessee.

BETHESDA, Md. , Nov. 18, 2024 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) today announced that it has appointed Neal Nagarajan as Senior Vice President and Head of Investor Relations effective today.

BETHESDA, Md. , Nov. 5, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus") today announced the pricing of $350 million aggregate principal amount of 2.25% Convertible Senior Notes due 2030 (the "Notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").

BETHESDA, Md., Nov. 4, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus") today announced its intention to offer, subject to market conditions and other factors, $350 million aggregate principal amount of Convertible Senior Notes due 2030 (the "Notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").