Centrus Energy signs $165 million sales contracts in nine months

Centrus Energy Corp. has signed a number of sales contracts in the past nine months.

Centrus earlier announced that it would supply enriched uranium fuel to utility customers. The contracts are worth around $165 million with deliveries through 2022. The contracts are going to help the utility customers provide affordable, clean and reliable electricity all over the world.

Centrus has been a trusted name in the supply of enriched uranium fuel for commercial nuclear power plants in the United States, and also around the world. The mission of the company is to provide reliable and competitive fuel goods and services to meet the needs of customers, consistent with the highest levels of integrity, safety, and security.

“We value our longstanding relationships with our customers and aim to remain a long-term supplier for their nuclear fleets,” Centrus President and CEO Daniel B. Poneman said. “For the past year, we have embraced a customer-first strategy, offering security, diversity and competitive pricing to the global nuclear fuel market.”

Centrus has been affected with uncertainties which could cause actual future results to differ materially. Such challenges include the continued impact of the March 2011 earthquake and tsunami in Japan on the nuclear industry.

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