---
schema_version: "secwatch.filing_event.v1"
accession: "0001065059-22-000040"
form_type: "8-K"
ticker: "LEU"
cik: "0001065059"
company_name: "CENTRUS ENERGY CORP"
filed_at: "2022-12-01T23:59:59+00:00"
generated_at: "2026-06-21T10:35:53.707399+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Centrus finalizes $150M DOE contract to produce HALEU, first NRC-licensed site

## Summary
- Base contract ~$150M thru 2024; Phase One requires $30M cost share from Centrus matched by $30M DOE, produce 20 kg HALEU by Dec 31, 2023.
- Phase Two expects ~$90M cost-plus-incentive-fee for full year at 900 kg/year; DOE owns HALEU.
- DOE has options for up to 9 additional years of production beyond base contract.
- Lease amendment: DOE assumes decontamination/decommissioning liability for facilities under contract.
- Centrus could scale up to full-scale cascade (6 MTU/year) within ~42 months with additional funding.

## SEC filing metadata
- accession: 0001065059-22-000040
- form_type: 8-K
- ticker: LEU
- cik: 0001065059
- company_name: CENTRUS ENERGY CORP
- filed_at: 2022-12-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065059/000106505922000040/0001065059-22-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065059/000106505922000040/leu-20221130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065059-22-000040
- JSON: https://secwatch.observer/filing/0001065059-22-000040.json
- Plain text: https://secwatch.observer/filing/0001065059-22-000040.txt

## Key facts
- Material Agreements
  CENTRUS ENERGY CORP amended Lease Amendment with United States Department of Energy (effective 2022-11-30).
  - Action: amendment
  - Agreement: lease
  - Counterparty: United States Department of Energy
  - Effective: 2022-11-30
  source text: On November 30, 2022, United States Enrichment Corporation, a Delaware corporation (“Enrichment”), a wholly-owned subsidiary of Centrus, entered into an Amendment to the Lease Agreement ("Lease Amendment") between Enrichment and the Department for the lease of the gas centrifuge enrichment plant facilities in Piketon, Ohio, for the American Centrifuge plant and related personal property (the “GCEP Lease”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065059/000106505922000040/0001065059-22-000040-index.htm
- Material Agreements
  CENTRUS ENERGY CORP entered into Contract with United States Department of Energy valued at approximately $150 million (effective 2022-11-30).
  - Action: entry
  - Counterparty: United States Department of Energy
  - Value: approximately $150 million
  - Effective: 2022-11-30
  source text: On November 30, 2022, American Centrifuge Operating, LLC, a Delaware limited liability company (“ACO”) and a wholly-owned subsidiary of Centrus Energy Corp. (“Centrus”), signed a definitized contract (the “Contract”) with the United States Department of Energy (the “Department”) to pioneer production of High-Assay, Low-Enriched Uranium ("HALEU") at its facility leased from the Department in Piketon, Ohio.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065059/000106505922000040/0001065059-22-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.