Movement Alert｜Centrus Energy Rises 8.63% in Pre-Market Trading, Signs HALEU Supply Letter of Intent with Oklo

Market Focus06-18

On June 18, Centrus Energy rose 8.63% in pre-market trading, trading at $185.59/share, with turnover of $2.43 million.

On the news front, Centrus Energy and Oklo announced the signing of a letter of intent covering the supply of high-assay low-enriched uranium (HALEU). Under the agreement, Centrus will supply domestically produced HALEU from its American Centrifuge plant in Pike County, Ohio, to support Oklo's planned 1.2-gigawatt power campus. The supply will be sufficient to fuel up to five Aurora powerhouses for several years, with deliveries slated to begin in 2029. The letter of intent may also include prepayments from Oklo to Centrus to support fuel supply for the campus buildout.

The deal represents a significant commercial milestone for Centrus's domestic uranium enrichment capabilities, securing a concrete downstream customer for its HALEU production while reinforcing the company's strategic position in the advanced nuclear fuel supply chain.

(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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