Centrus Energy secures ~$110M DOE contract extension for HALEU production through June 2026

CENTRUS ENERGY CORP

DOE exercised Option 1a valued at approx. $110M, extending HALEU production to June 30, 2026.
Option 1a target cost $99.3M with $8.7M fee; Option 1b (2 yrs) has target cost $163.5M but needs revised proposal.
Centrus completed Phase I (20 kg HALEU) in late 2023 and Phase II (additional 900 kg) by June 30, 2025.
Remaining options could extend production up to eight years beyond current extension at DOE's discretion.
HALEU produced under contract belongs to DOE, supporting advanced reactor demonstration and national security.

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