Lightbridge (LTBR) and Centrus Energy (LEU) announced a contract to conduct a front-end engineering and design, or FEED, study to add a dedicated Lightbridge Pilot Fuel Fabrication Facility, or LPFFF, at the American Centrifuge Plant in Piketon, Ohio. The FEED study will identify infrastructure and licensing requirements as well as the estimated cost and construction schedule for the LPFFF. Centrus’ wholly-owned subsidiary, American Centrifuge Operating, will lead the study, which is expected to be completed in 2024.
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