Centrus Energy Jumps 8.21% on Oklo HALEU Fuel Deal for Five Reactors
LEU•Centrus Energy shares jumped 8.21% after signing a letter of intent to supply HALEU fuel for up to five Oklo Aurora reactors, with deliveries beginning in 2029. The agreement enhances domestic uranium enrichment capabilities and secures long-term contracts in the advanced nuclear sector.
1. HALEU Supply Agreement Details
Centrus Energy entered a letter of intent with Oklo to deliver high-assay low-enriched uranium fuel for up to five Aurora power plants. The partnership specifies initial shipments starting in 2029 and positions Centrus as a primary domestic HALEU supplier for advanced reactor designs.
2. Market and Strategic Impact
This deal supports the U.S. goal of restoring large-scale uranium enrichment capacity and addresses critical supply chain needs for advanced nuclear projects. Securing long-term HALEU contracts could boost Centrus’ revenue visibility and reinforce its leadership in clean energy fuel services.
