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Centrus Energy hits 52-week high as U.S. nuclear push boosts demand. Energy Fuels ramps up uranium output but provides lower 2025 sales and earnings estimates.
But Russian uranium will be forced out of the U.S. supply chain by 2028 at the latest, after Biden signed legislation in 2024 to ban imports over Moscow's full-scale invasion of Ukraine.
Trump directed federal agencies on May 23 to develop a plan to expand uranium enrichment capabilities in the U.S. to meet the needs of the civilian and defense sectors.
Centrus is one of just two companies that are licensed by the Nuclear Regulatory Commission to produce low-enriched uranium in the U.S., the other being Urenco. Bethesda, ...
Most nuclear plants worldwide use low-enriched uranium, or LEU. The U.S. relied on foreign countries for around 70% of the fuel for its reactors in 2023, according to data from the Energy ...
Centrus Energy CEO Amir Vexler said the world needs an American-owned uranium enricher. Skip to content. Main Navigation. Search. Search for: Weather Local Sports NBC10 Responds Entertainment ...