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LEU, not HALEU, drives current enrichment market

Summary by ExchangeMonitor
ARLINGTON, VA – Centrus Energy has signed contracts worth $2.3 billion to provide low-enriched uranium to electric utilities and virtually all of it involves traditional LEU rather than the high-assay-low-enriched uranium (HALEU) Centrus CEO Amir Vexler said here Tuesday. “The existing market is LEU,” Vexler told Exchange Monitor’s Nuclear Deterrence Summit, “There is no existing market for HALEU.” While HALEU is considered the fuel of the futur…
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ExchangeMonitor broke the news in on Thursday, January 29, 2026.
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