Centrus Energy Signs Uranium Supply Contract with X-energy

What Happened
Centrus Energy Corp (filed 8-K on August 6, 2026) announced it signed a contract with X‑energy, LLC to supply low‑enriched uranium (LEU) and high‑assay low‑enriched uranium (HALEU) to power advanced reactors. The filing states that some or all of the enriched uranium supplied under the contract is expected to be produced at Centrus’ American Centrifuge Plant in Pike County, Ohio, with deliveries scheduled to begin in 2030. A press release dated August 6, 2026 is attached as Exhibit 99.1.

Key Details

• Counterparty: X‑energy, LLC.
• Products: Low‑enriched uranium (LEU) and high‑assay low‑enriched uranium (HALEU).
• Production site: American Centrifuge Plant, Pike County, Ohio (some or all production expected there).
• Delivery start: Scheduled to begin in 2030.
• Filing: 8‑K (Item 8.01 Other Events); press release attached as Exhibit 99.1. The filing does not disclose contract price, volumes, or other financial terms.

Why It Matters
This contract ties Centrus to a long‑term supply relationship with an advanced reactor developer, signaling demand for LEU and emerging HALEU markets. For investors, it highlights potential future revenue and utilization of the American Centrifuge Plant, but any financial impact is likely long‑term (deliveries start in 2030) and currently unclear because the company did not disclose contract value or volumes in the 8‑K.