Uranium enrichment company (NYSE: LEU)
Appears in 2 stories · Last updated Nov 1, 2026
Operating the only US centrifuge enrichment cascade; expanding manufacturing
Centrus shipped its first new centrifuge from Oak Ridge, Tennessee, to Piketon, Ohio, on Thursday, October 29. It is the first new machine from the Oak Ridge plant since production restarted in December 2025, and the company beat its own year-end target. The machines will be grouped into cascades, which are linked sets of centrifuges that enrich uranium.
Updated Nov 1
As of May 2026: Only NRC-licensed HALEU producer in the United States
The United States performed less than 1% of global uranium enrichment when the Department of Energy announced $2.7 billion in contracts to three companies on January 21, 2026. Russia controls 44% of global enrichment capacity and supplied roughly a quarter of American reactor fuel until Congress banned imports in 2024. The last U.S.-owned enrichment facility shut down in 2013.
Updated May 22
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