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On June 20, 2025,
(LEU) experienced a significant surge, with its trading volume reaching $554 million, marking an 182.71% increase from the previous day. This substantial rise placed Centrus Energy at the 155th position in terms of trading volume for the day. The stock price of Centrus Energy also saw a notable increase of 5.33%, extending its winning streak to seven consecutive days, with a cumulative gain of 30.62% over the past week.Centrus Energy recently secured a contract extension from the U.S. Department of Energy (DOE) to continue the production of High-Assay, Low-Enriched Uranium (HALEU). This extension, which runs through June 30, 2026, includes additional options for continued production for up to eight more years beyond the initial extension period. The DOE's decision to extend the contract underscores the strategic importance of Centrus Energy's role in restoring America's uranium enrichment capabilities and meeting the nation's energy needs.
Centrus Energy's President and CEO, Amir Vexler, highlighted the significance of this partnership, stating that it not only provides a critical source of HALEU but also lays the groundwork for a large-scale, U.S.-owned uranium enrichment capability. This development is expected to catalyze the deployment of a new generation of nuclear reactors, addressing both commercial and national security requirements.
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