DealsJun 18, 2026, 04:32 PM
Centrus, Oklo Sign LOI for HALEU Supply to 1.2 GW Power Campus
AI Summary
Centrus Energy Corp. announced a non-binding letter of intent (LOI) with Oklo, Inc. for Centrus to supply high-assay, low-enriched uranium (HALEU) from its Piketon, Ohio facility. Deliveries are scheduled to begin in 2029, intended to fuel Oklo's planned 1.2 gigawatt power campus in southern Ohio, which could include up to five Aurora powerhouses. The LOI anticipates a definitive agreement and may include prepayments from Oklo, supporting significant private clean energy investment and job creation in the region.
Key Highlights
- Centrus signed a non-binding Letter of Intent to supply HALEU to Oklo, Inc.
- HALEU will be produced at Centrus' Piketon, Ohio, facility.
- HALEU deliveries to Oklo are scheduled to begin in 2029.
- The HALEU will fuel Oklo's planned 1.2 GW power campus in southern Ohio.
- Oklo's campus could include up to five Aurora powerhouses.
- The LOI anticipates a definitive agreement and could include prepayments from Oklo.
- The project is expected to bring multi-billion-dollar investment and hundreds of jobs.
- Centrus' expansion is expected to create 1,000 construction and 300 operating jobs.
Price Impact
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