Movement Alert｜Centrus Energy Rises 8.04% in Regular Trading, Signs HALEU Supply Letter of Intent with Oklo for 1.2-Gigawatt Campus

Market Focus06-18

On June 18, Centrus Energy rose 8.04% in regular trading, trading at approximately $182.87/share, with turnover of $51.60 million.

On the news front, Centrus Energy and Oklo signed a letter of intent covering the supply of high-assay low-enriched uranium (HALEU). Under the agreement, Centrus will supply HALEU from its American Centrifuge plant in Pike County, Ohio, to support Oklo's planned 1.2-gigawatt power campus in the same region. Centrus will provide enough domestic high-assay uranium 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 and campus buildout.

Centrus Energy is a nuclear fuel components and services supplier operating LEU distribution and Technical Solutions segments. The company is actively deploying uranium enrichment and advanced nuclear fuel production capabilities to serve both existing and next-generation reactors, positioning itself as a key domestic supplier amid growing demand for advanced nuclear energy solutions.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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