What are Centrus Energy's Business Segments?
Low-Enriched Uranium
Revenue from our LEU segment is derived primarily from:
sales of the SWU component of LEU,
sales of both the SWU and uranium components of LEU, and
sales of natural uranium.
The majority of our customers are domestic and international utilities that
operate nuclear power plants. Our agreements with electric utilities are primarily
long-term, fixed-commitment contracts under which our customers are obligated
to purchase a specified quantity of the SWU component of LEU (or the SWU and
uranium components of LEU) from us. Our agreements for natural uranium sales
are generally shorter-term, fixed-commitment contracts.
Contract Services
As described below under Advanced Technology, Manufacturing, and Engineering
Capability, we performed American Centrifuge research and technology activities
as a contractor with UT-Battelle, LLC (“UT-Battelle”), the management
and operating contractor of ORNL for DOE. Revenue and cost of sales for work
that we perform as a contractor to UT-Battelle are reported in the contract
services segment. The contract services segment also includes limited services
provided by Centrus to DOE and its contractors in Piketon, Ohio and previously
at the Paducah GDP.
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