Centrus Energy expects to begin HALEU production in October

Centrus Energy announced that it expects to begin production of High-Assay Low-Enriched Uranium, or HALEU, in October, approximately two months ahead of schedule, at the American Centrifuge Plant in Piketon, Ohio. Under a competitively-awarded, cost-share contract signed with the U.S. Department of Energy in 2022, Centrus is required to begin production of HALEU by the end of this year. In June, Centrus announced it had successfully completed its operational readiness reviews with the U.S. Nuclear Regulatory Commission, or NRC, and received NRC approval to possess uranium at the Piketon, Ohio site – the last major regulatory hurdle prior to beginning production. Centrus is now conducting final system tests and other preparations so that production can begin in October.