Centrus Energy Corp. is an American company that supplies nuclear fuel for use in nuclear power plants and works to develop and deploy advanced centrifuge technology to produce enriched uranium for commercial and government uses, including for national security.

Glob.Revenue, mln.USD
320

Centrus Energy, a US company specializing in nuclear power, has obtained a waiver from the US Department of Energy (DOE) to import enriched uranium from Russia in 2024 and 2025. This decision is in line with existing contracts with American customers, despite the import ban introduced in response to Russia’ s invasion of Ukraine in February 2022. The Prohibiting Russian Uranium Imports Act, signed by President Joe Biden on May 14, bans imports of enriched uranium into Russia from August 11. However, the law allows derogations until the end of 2027 for nuclear power plant operators with no viable alternative fuel sources, or for imports deemed to be in the national interest.

The Company Statement
May 10, 2024

The US Senate's recent approval of a bill banning imports of Russian low-enriched uranium (LEU) threatens to derail the gradual transition of U.S. commercial uranium enrichment company Centrus Energy back to commercial uranium enrichment. Nuclear fuel supplier Centrus Energy, opens new tab said on Monday it has received a notice from Russia's TENEX that its government passed an order, which canceled its license to export low-enriched uranium to the U.S., effective through Dec. 31, 2025.

November 19, 2024Centrus Energy Faces Hurdles As Russian Uranium Exports Halted
November 18, 2024Centrus says Russia canceled TENEX's license to export low-enriched uranium to US
July 22, 2024Centrus Energy obtains waiver to import Russian uranium - energynews
July 19, 2024Centrus gets waiver on uranium imports from Russia
May 10, 2024In the US, the company will request an exception to the ban on the import of Russian uranium
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