Centrus Energy (LEU) Stock Surges 16% Amid Uranium Expansion Plans

Centrus Energy Corp. shares experienced significant volatility, climbing 13.77% before a 2.19% pullback on September 25th. The uranium enrichment specialist has gained 272.72% year-to-date, fueled by strategic moves in the nuclear energy sector.

A newly signed Memorandum of Understanding with Korea Hydro & Nuclear Power and POSCO International could lead to expansion of Centrus's Ohio uranium enrichment facility. The non-binding agreement signals growing confidence in Centrus's technology and aims to boost low-enriched uranium supply for Korean partners.

Second quarter 2025 financials showed strong performance with $154.5 million in revenue and $28.9 million net income from continuing operations. The proposed plant expansion remains contingent on securing federal funding, positioning Centrus to compete more aggressively in the global uranium market.