Centrus signs MOU with KHNP and POSCO for potential investment in Ohio enrichment plant

CENTRUS ENERGY CORP

Non-binding MOU with Korea Hydro & Nuclear Power and POSCO International to explore investment in Centrus' Piketon, Ohio enrichment plant.
KHNP and Centrus agreed to increase LEU supply volume under existing contract; expansion contingent on federal funding from DOE.
MOU also covers potential supply agreements for LEU and HALEU for next-gen reactors.
Signing attended by U.S. Commerce Secretary Howard Lutnick and Korea’s Trade Minister Kim Jung-kwan.
Centrus President & CEO Amir Vexler cites strong demand for U.S.-owned enrichment capability.

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