NYSEAM:LEUOil and Gas
Why Centrus Energy (LEU) Is Up 8.5% After Signing Uranium Enrichment Partnership With Korean Firms
On August 25, 2025, Centrus Energy Corp. announced that it had finalized a Memorandum of Understanding with Korea Hydro & Nuclear Power and POSCO International to explore investment in expanding its uranium enrichment plant in Piketon, Ohio, potentially increasing supply volumes under an existing contract and leveraging contingent federal funding.
This agreement, which reinforces U.S.-Korea nuclear cooperation, may enhance Centrus's positioning as a key supplier of Low Enriched Uranium (LEU)...