Overview

• Centrus announced a major buildout of its Piketon, Ohio facility to increase production of LEU and HALEU at the country’s only American‑owned enrichment site producing HALEU.
• The company expects roughly 1,000 construction roles, 300 new operations jobs, and retention of 127 existing positions at the plant.
• Centrus reported raising more than $1.2 billion through convertible notes and securing over $2 billion in contingent purchase commitments from utility customers.
• The company said it has submitted proposals to the Energy Department and that the project’s scope and timing depend on potential federal awards.
• Centrus plans to rely on centrifuge manufacturing in Oak Ridge, Tennessee, a U.S. supplier network, and involvement from Korea Hydro & Nuclear Power and POSCO, while state leaders backed the project and some residents voiced health concerns tied to the site’s legacy contamination.