PartnershipAug 6, 2026, 08:13 AM
Centrus Signs LEU and HALEU Supply Agreement with X-energy
AI Summary
Centrus Energy Corp. announced a definitive contract with X-energy, LLC to provide enrichment services for Low-Enriched Uranium (LEU) and High-Assay, Low-Enriched Uranium (HALEU). This supply is intended to power X-energy's initial Xe-100 small modular reactors and TRISO-X fuel deployments, with deliveries expected to commence in 2030 from Centrus' American Centrifuge Plant in Ohio. The agreement includes prepayments from X-energy, supporting Centrus' domestic commercial enrichment capacity program and further strengthening the U.S. nuclear fuel supply chain.
Key Highlights
- Centrus signed a contract with X-energy to supply low enriched uranium (LEU) and high-assay low-enriched uranium (HALEU).
- The enriched uranium will power X-energy's advanced reactors (Xe-100 SMRs and TRISO-X fuel deployments).
- Deliveries are scheduled to begin in 2030.
- Supply will come from Centrus' American Centrifuge Plant in Pike County, Ohio.
- The contract includes prepayments from X-energy to support Centrus' domestic commercial enrichment capacity program.
- This agreement adds to Centrus' existing $3 billion contingent LEU and HALEU backlog, with $2.4 billion definitized.
- The deal aims to strengthen the U.S. nuclear fuel supply chain and advance commercial LEU and HALEU capacity.
Price Impact
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