Centrus Energy

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Trump Approves 30-Year U.S.-Saudi Nuclear Cooperation Deal - WSJ - $Oklo(OKLO.US) $X-Energy(XE.US) $NANO Nuclear Energy(NNE.US) $NuScale Power(SMR.US) $Centrus Energy(LEU.US) $Constellation Energy(CEG.US) $Vistra(VST.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗧𝗵𝗲 𝗪𝗮𝗹𝗹 𝗦𝘁𝗿𝗲𝗲𝘁 𝗝𝗼𝘂𝗿𝗻𝗮𝗹 reports President Trump approved a 𝟯𝟬-𝘆𝗲𝗮𝗿 nuclear cooperation deal.

➤ Agreement would support 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮'𝘀 civilian nuclear program.

➤ Deal could permit 𝘂𝗿𝗮𝗻𝗶𝘂𝗺 𝗲𝗻𝗿𝗶𝗰𝗵𝗺𝗲𝗻𝘁 on Saudi soil.

➤ U.S. companies would play a leading role in 𝗻𝘂𝗰𝗹𝗲𝗮𝗿 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 development.

➤ U.S. firms could build 𝘂𝗿𝗮𝗻𝗶𝘂𝗺 𝗲𝗻𝗿𝗶𝗰𝗵𝗺𝗲𝗻𝘁 facilities if deemed necessary.

➤ Deal is reportedly worth 𝗯𝗶𝗹𝗹𝗶𝗼𝗻𝘀 𝗼𝗳 𝗱𝗼𝗹𝗹𝗮𝗿𝘀.

➤ Administration says pact preserves 𝗨.𝗦. influence over Saudi nuclear development.

➤ Agreement aims to reduce risks of 𝗺𝗶𝗹𝗶𝘁𝗮𝗿𝘆 diversion of nuclear technology.

➤ Deal will be sent to 𝗖𝗼𝗻𝗴𝗿𝗲𝘀𝘀 for review in the coming days.

➤ Lawmakers may oppose the agreement over 𝗻𝘂𝗰𝗹𝗲𝗮𝗿 𝗽𝗿𝗼𝗹𝗶𝗳𝗲𝗿𝗮𝘁𝗶𝗼𝗻 concerns.

$Centrus Energy(LEU.US) | Needham 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐞𝐬 𝐂𝐞𝐧𝐭𝐫𝐮𝐬 𝐄𝐧𝐞𝐫𝐠𝐲 with a 𝐁𝐮𝐲, sets 𝐏𝐓 𝐚𝐭 $𝟐𝟔𝟒

Analyst views recent stock weakness as an attractive entry point, citing domestic enrichment leadership and tight uranium enrichment (SWU) supply.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: DOE Offers Up to $17.5 Billion Loan Commitment for AP1000 Nuclear Reactors - $Cameco(CCJ.US) $Oklo(OKLO.US) $NuScale Power(SMR.US) $NANO Nuclear Energy(NNE.US) $Constellation Energy(CEG.US) $CST $Centrus Energy(LEU.US) $X-Energy(XE.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ DOE issued a 𝐜𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 commitment for up to 𝐔𝐒$𝟏𝟕.𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in financing.

➤ Funding supports Westinghouse's plan to procure long-lead components for up to 𝟏𝟎 𝐀𝐏𝟏𝟎𝟎𝟎 reactors.

➤ Program aims to strengthen the 𝐔.𝐒. 𝐧𝐮𝐜𝐥𝐞𝐚𝐫 𝐬𝐮𝐩𝐩𝐥𝐲 𝐜𝐡𝐚𝐢𝐧 and reduce deployment costs.

➤ Financing is expected to accelerate 𝐀𝐏𝟏𝟎𝟎𝟎 reactor deployment in the U.S. and globally.

➤ Cameco said expanded nuclear investment could create significant opportunities for 𝐖𝐞𝐬𝐭𝐢𝐧𝐠𝐡𝐨𝐮𝐬𝐞 and Cameco.

➤ Westinghouse is jointly owned by 𝐂𝐚𝐦𝐞𝐜𝐨 and Brookfield Business Partners.

➤ Growth is expected in Westinghouse's 𝐞𝐧𝐞𝐫𝐠𝐲 𝐬𝐲𝐬𝐭𝐞𝐦𝐬 segment during procurement and construction.

➤ The commitment follows U.S. nuclear-focused 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐎𝐫𝐝𝐞𝐫𝐬 announced on May 23, 2025.

➤ Loan funding remains subject to 𝐭𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥, legal, environmental, and financial conditions.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Potentially one of the largest U.S. financing packages for 𝐧𝐮𝐜𝐥𝐞𝐚𝐫 𝐞𝐧𝐞𝐫𝐠𝐲 expansion.

➤ Could accelerate domestic reactor construction and strengthen 𝐞𝐧𝐞𝐫𝐠𝐲 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲.

➤ Supports long-term demand growth across the 𝐧𝐮𝐜𝐥𝐞𝐚𝐫 𝐟𝐮𝐞𝐥 and equipment supply chain.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "We are pleased to see the US government make this additional commitment to expanding nuclear power capacity using the proven AP1000 reactor technology." — 𝐓𝐢𝐦 𝐆𝐢𝐭𝐳𝐞𝐥, CEO of Cameco.

➤ "When combined with the May 23, 2025 Executive Orders and other US government initiatives, we believe the right incentives are being created to advance the rapid deployment of AP1000 reactors in the US." — 𝐓𝐢𝐦 𝐆𝐢𝐭𝐳𝐞𝐥, CEO of Cameco.

➤ "The expansion of nuclear power in the United States is expected to create significant opportunities for Westinghouse and Cameco, accelerating growth in Westinghouse's energy systems segment during the procurement and subsequent construction phase." — 𝐓𝐢𝐦 𝐆𝐢𝐭𝐳𝐞𝐥, CEO of Cameco.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Oklo, Centrus Sign HALEU Supply Deal for Up to Five Aurora Reactors - $Oklo(OKLO.US) $Centrus Energy(LEU.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐎𝐤𝐥𝐨 and 𝐂𝐞𝐧𝐭𝐫𝐮𝐬 signed a Letter of Intent for domestic 𝐇𝐀𝐋𝐄𝐔 supply.

➤ Centrus will provide enough fuel for up to 𝟓 𝐀𝐮𝐫𝐨𝐫𝐚 powerhouses.

➤ HALEU deliveries are scheduled to begin in 𝟐𝟎𝟐𝟗 from Centrus' Ohio facility.

➤ Fuel will support Oklo's planned 𝟏.𝟐 𝐆𝐖 Clean Energy Campus in southern Ohio.

➤ Agreement could include 𝐩𝐫𝐞𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬 from Oklo to support fuel production.

➤ Oklo and 𝐊𝐢𝐞𝐰𝐢𝐭 signed an MOU for engineering, procurement, and construction planning.

➤ Centrus plans to leverage 𝐛𝐢𝐥𝐥𝐢𝐨𝐧𝐬 in private capital and a 𝐃𝐎𝐄 $𝟗𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 HALEU task order.

➤ Project construction is expected to require 𝐨𝐯𝐞𝐫 𝟕𝟎𝟎 full-time workers for multiple years.

➤ Centrus' Ohio expansion is expected to create 𝟏,𝟎𝟎𝟎 construction jobs and 𝟑𝟎𝟎 operating jobs.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Domestic 𝐇𝐀𝐋𝐄𝐔 supply remains a major bottleneck for advanced nuclear deployment.

➤ Agreement improves fuel certainty for Oklo's planned reactor fleet expansion.

➤ Project strengthens efforts to build a 𝐔.𝐒. advanced nuclear energy hub.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "This agreement aligns core elements of advanced nuclear deployment: power generation, fuel, and customer demand. Southern Ohio brings together decades of nuclear experience and a highly qualified workforce that can move advanced nuclear from planning to deployment." — 𝐉𝐚𝐜𝐨𝐛 𝐃𝐞𝐖𝐢𝐭𝐭𝐞, Co-Founder and CEO of Oklo.

➤ "Today's announcement is an important step toward ensuring reliable HALEU supply for next generation reactors and represents a crucial milestone as we work to restore America's ability to enrich uranium at scale. By connecting advanced nuclear power generation and customer demand with domestic HALEU production in southern Ohio, this agreement helps establish a foundation for a new U.S. advanced nuclear energy hub." — 𝐀𝐦𝐢𝐫 𝐕𝐞𝐱𝐥𝐞𝐫, President and CEO of Centrus Energy.

$Centrus Energy(LEU.US) | 𝐔𝐁𝐒 maintains 𝐍𝐞𝐮𝐭𝐫𝐚𝐥 on 𝐂𝐞𝐧𝐭𝐫𝐮𝐬 𝐄𝐧𝐞𝐫𝐠𝐲, 𝐜𝐮𝐭𝐬 𝐏𝐓 𝐭𝐨 $𝟏𝟕𝟎 𝐟𝐫𝐨𝐦 $𝟏𝟗𝟓

Analyst cuts PT after lowering EBITDA estimates on higher opex from hiring, and awaits progress on the firm's enrichment capacity build-out.