Centrus Energy gets more time and money to complete HALEU demo
The Department of Energy announced a cost-shared award on November 10 valued at about $150 million for American Centrifuge Operating, a subsidiary of Centrus Energy, to complete the high-assay low-enriched uranium (HALEU) demonstration project it began in 2019. After delays that Centrus attributes in part to the COVID-19 pandemic, the company now has until the end of 2023 to produce the first 20 kilograms of HALEU enriched to 19.75 percent U-235 from the 16-centrifuge cascade it has installed in a DOE-owned Piketon, Ohio, facility—the only U.S. facility currently licensed to produce HALEU.