Movement Alert｜Centrus Intraday Decline 5.03%, Oklo fuel supply contracts coincided with broader uranium sector weakness

Market Focus11-12

On November 12, Centrus fell 5.03% in Regular Trading, trading at $109.1275 per share, with turnover of $6.9006 million.

The clearest recent catalyst was Oklo’s announcement that it signed multiple definitive, multiyear HALEU supply contracts with Centrus, even as Centrus shares moved lower alongside a weaker uranium and nuclear fuel group.

Under the agreements, Oklo will make prepayments for future HALEU deliveries to support a planned 1.2 GW Ohio power campus, with enough fuel for up to five Aurora powerhouses for multiple years. Deliveries from Centrus’ American Centrifuge Plant in Pike County, Ohio are scheduled to begin in 2029. The contracts were described as strengthening Centrus’ order visibility and supporting expansion of US enrichment capacity, but the sector was also under pressure, with peers including Cameco, Energy Fuels, Nexgen Energy, Denison Mines, and Uranium all down during the session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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