BUZZ-Centrus Energy falls after Russia cancels TENEX export license

Reuters11-19 23:23
BUZZ-Centrus Energy falls after Russia cancels TENEX export license

Updates

** U.S.-based nuclear fuel supplier Centrus Energy's LEU.N shares fall 12.8% to $66.65

** On Monday, company said it received a notice from Russia's TENEX cancelling its license to export low-enriched uranium to the United States, effective through Dec. 31, 2025

** If TENEX, part of Russia's state-owned energy company Rosatom, is unable to secure export licenses, it would affect Centrus' ability to meet delivery obligations to customers, company said

** Including session's losses, Centrus up 22.5% YTD

(Reporting by Seher Dareen in Bengaluru)

((Seher.Dareen@thomsonreuters.com))

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