Centrus Signs $70 Million in New Nuclear Fuel Sales Contracts

9/12/17

BETHESDA, Md.--(BUSINESS WIRE)--Centrus Energy Corp. (NYSE American: LEU) announced today that it has signed several new sales contracts in the last three months to supply its utility customers with low-enriched uranium fuel. The total value of the contracts is an estimated $70 million, with deliveries through 2025. Centrus’ utility customers will use the fuel to generate clean, affordable, and reliable electricity.

“Despite the challenging conditions in the global nuclear fuel market, we continue to sign new contracts with customers as a long-term supplier of low-enriched uranium for their reactor fleets,” said Centrus President and Chief Executive Officer Daniel B. Poneman. “Centrus is well-positioned as the world’s most diversified supplier of enriched uranium fuel to continue securing new business and extending our existing relationships with customers as open demand for fuel emerges.”

About Centrus Energy Corp.

Centrus Energy Corp. is a trusted supplier of enriched uranium fuel for commercial nuclear power plants in the United States and around the world. Our mission is to provide reliable and competitive fuel goods and services to meet the needs of our customers, consistent with the highest levels of integrity, safety, and security.

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