Centrus Energy invests $60 million to expand uranium enrichment capacity in Tennessee and Ohio.

Centrus Energy Corp. is investing $60 million over 18 months to resume and expand centrifuge manufacturing in Oak Ridge, Tennessee, aiming for a potential large-scale uranium enrichment expansion in Ohio. This follows securing over $2 billion in purchase commitments and awards from the U.S. Department of Energy. The project seeks to restore U.S. uranium enrichment capacity and reduce reliance on foreign suppliers.

November 20, 2024
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