Centrus Energy (LEU)

The company reports through two principal segments. The Low-Enriched Uranium segment generates most of its revenue and covers sales of enrichment services and uranium components used in nuclear fuel procurement. Centrus does not operate like a conventional uranium miner; its role is concentrated on fuel supply, enrichment access, contracting, and related logistics within the nuclear fuel cycle.

Centrus also operates a Technical Solutions segment, which provides engineering, design, manufacturing, and advanced technology services. This part of the business supports government and private-sector customers, including work connected to U.S. nuclear fuel infrastructure and advanced enrichment capabilities. Centrus is notably associated with the American Centrifuge technology platform and with efforts to produce high-assay low-enriched uranium, a fuel type expected to be important for certain advanced reactor designs.

For investors, Centrus represents exposure to nuclear fuel supply rather than power generation itself. Its performance is influenced by utility contracting cycles, uranium and enrichment market conditions, government policy, and demand for secure domestic nuclear fuel capabilities.