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Centrus Energy Corp   (LEU)
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Centrus Energy's Suppliers Performance

LEU's Supply Chain

 
LEU Costs vs Sales of Suppliers Growth Centrus Energy's Suppliers recorded an increase in sales by 1.59 % year on year in Q4 2023, sequentially sales grew by 94.57 %, Centrus Energy's cost of sales deteriorated by -30.46 % year on year, sequentially cost of sales grew by 35.25 % in Q4.

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Centrus Energy's Suppliers recorded an increase in sales by 1.59 % year on year in Q4 2023, sequentially sales grew by 94.57 %, Centrus Energy's cost of sales deteriorated by -30.46 % year on year, sequentially cost of sales grew by 35.25 % in Q4.

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  News about Centrus Energy Corp Contracts



Centrus Energy's Comment on Supply Chain


The Company has a long record as a global leader in advanced technology, manufacturing and engineering. Our manufacturing, engineering, testing and demonstration facilities in Tennessee and Ohio and our highly-trained workforce are deeply engaged in advancing the next generation of uranium enrichment technology. We are exploring a number of options for returning to domestic production, including deployment of our American Centrifuge, Centrus’ advanced uranium enrichment gas centrifuge technology.

In October 2015, DOE issued a report to Congress finding that the U.S. must restore its domestic uranium enrichment capability in the future. After evaluating a range of possible technologies, DOE found that the American Centrifuge is the “most technically advanced and lowest risk option” for restoring U.S. uranium enrichment capability to meet long-term national security requirements. The report identified existing sources of enriched uranium fuel that may be available, subject to varying levels of risk, to meet U.S. national security needs through 2041.


From 2012-2013, the U.S. government and Centrus jointly funded the construction of a demonstration cascade of the American Centrifuge technology in Piketon, Ohio. The demonstration cascade completed its mission after nearly two years of continuous operations, delivering valuable operational data to inform future deployment efforts. In September 2015, DOE announced the conclusion of the federally funded demonstration effort. Effective October 1, 2015, funding for the demonstration cascade was discontinued and the program was consolidated at our engineering and testing facilities in Oak Ridge, Tennessee. We anticipate that DOE, through UT-Battelle, will extend our development work in Oak Ridge with a contract through September 30, 2016.

The Company continued funding cascade operations in Piketon from its own funds while it explored potential alternative use of the facility. Subsequently, on February 19, 2016, we announced our decision to commence with the decontamination and decommissioning (“D&D”) of the Piketon demonstration cascade, and to reduce staffing levels. We will preserve a core staff, expertise, and facilities at Piketon to enable the facility to be used to support the Company’s other business development initiatives as needed.

We intend to resume commercial production when market conditions warrant. Today, the economics for commercial deployment of new enrichment capacity are severely challenged by the current supply/demand imbalance in the market for LEU and related downward pressure on market prices for SWU, which are now at their lowest levels in more than a decade. Market conditions are expected to improve in the long term.

We currently intend to continue to maintain our NRC license to construct and operate a commercial enrichment facility in Piketon. The 30-year license expires in 2037 and includes authorization to enrich uranium to a U235 assay of up to 10%. The commercial license is based on a plant designed with an initial annual production capacity of 3.8 million SWU.


Centrus Energy's Comment on Supply Chain


The Company has a long record as a global leader in advanced technology, manufacturing and engineering. Our manufacturing, engineering, testing and demonstration facilities in Tennessee and Ohio and our highly-trained workforce are deeply engaged in advancing the next generation of uranium enrichment technology. We are exploring a number of options for returning to domestic production, including deployment of our American Centrifuge, Centrus’ advanced uranium enrichment gas centrifuge technology.

In October 2015, DOE issued a report to Congress finding that the U.S. must restore its domestic uranium enrichment capability in the future. After evaluating a range of possible technologies, DOE found that the American Centrifuge is the “most technically advanced and lowest risk option” for restoring U.S. uranium enrichment capability to meet long-term national security requirements. The report identified existing sources of enriched uranium fuel that may be available, subject to varying levels of risk, to meet U.S. national security needs through 2041.


From 2012-2013, the U.S. government and Centrus jointly funded the construction of a demonstration cascade of the American Centrifuge technology in Piketon, Ohio. The demonstration cascade completed its mission after nearly two years of continuous operations, delivering valuable operational data to inform future deployment efforts. In September 2015, DOE announced the conclusion of the federally funded demonstration effort. Effective October 1, 2015, funding for the demonstration cascade was discontinued and the program was consolidated at our engineering and testing facilities in Oak Ridge, Tennessee. We anticipate that DOE, through UT-Battelle, will extend our development work in Oak Ridge with a contract through September 30, 2016.

The Company continued funding cascade operations in Piketon from its own funds while it explored potential alternative use of the facility. Subsequently, on February 19, 2016, we announced our decision to commence with the decontamination and decommissioning (“D&D”) of the Piketon demonstration cascade, and to reduce staffing levels. We will preserve a core staff, expertise, and facilities at Piketon to enable the facility to be used to support the Company’s other business development initiatives as needed.

We intend to resume commercial production when market conditions warrant. Today, the economics for commercial deployment of new enrichment capacity are severely challenged by the current supply/demand imbalance in the market for LEU and related downward pressure on market prices for SWU, which are now at their lowest levels in more than a decade. Market conditions are expected to improve in the long term.

We currently intend to continue to maintain our NRC license to construct and operate a commercial enrichment facility in Piketon. The 30-year license expires in 2037 and includes authorization to enrich uranium to a U235 assay of up to 10%. The commercial license is based on a plant designed with an initial annual production capacity of 3.8 million SWU.



LEU's Suppliers Net Income grew by LEU's Suppliers Net margin grew in Q4 to
10.41 % 9.39 %


Centrus Energy Corp 's Suppliers Sales Growth in Q4 2023 by Industry

Suppliers from Chemical Manufacturing Industry -8.13 %   
Suppliers from Miscellaneous Fabricated Products Industry      2.23 %
Suppliers from Construction Raw Materials Industry  
Suppliers from Miscellaneous Manufacturing Industry      9.66 %
Suppliers from Industrial Machinery and Components Industry      8.98 %
Suppliers from Auto & Truck Parts Industry      16.24 %
Suppliers from Electric & Wiring Equipment Industry -10.84 %   
Suppliers from Medical Equipment & Supplies Industry -0.82 %   
Suppliers from Electronic Instruments & Controls Industry      9.21 %
     
• LEU Suppliers Valuation • LEU Suppliers Mgmt. Effect.





LEU's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Centrus Energy Corp 593.44 320.10 84.40 446
General Electric Company 186,697.76 67,954.00 9,443.00 168,000
Eaton Corporation Plc 119,872.51 23,196.00 3,223.00 85,947
Fluor Corporation 7,018.50 15,573.00 123.00 37,508
3m Company 58,042.44 32,681.00 -6,979.00 95,000
Piedmont Lithium Inc 240.69 0.00 -21.78 10,400
Fuel Tech Inc 35.37 27.08 -1.54 198
Bwx Technologies Inc 9,123.02 2,496.31 246.32 5,300
Abb Ltd 89,391.96 32,235.00 3,824.00 0
Hubbell Inc 21,369.04 5,372.10 766.00 16,200
Mativ Holdings Inc 977.30 3,178.40 -464.70 0
Huntsman Corporation 4,481.21 6,111.00 153.00 15,000
Quaker Chemical Corporation 3,603.95 1,969.76 16.70 2,020
Westlake Corporation 19,003.35 12,548.00 522.00 8,870
Westlake Chemical Partners Lp 802.08 1,190.79 334.63 141
American Superconductor Corp 408.74 125.37 -19.11 354
Timken Co 6,136.29 4,769.00 408.00 14,000
Trecora Resources 231.52 301.32 8.99 310
Powell Industries Inc 1,958.31 764.89 77.45 1,841
Clearday Inc 7.05 7.54 -16.71 0
Vishay Precision Group Inc 457.67 354.34 26.01 2,600
Pioneer Power Solutions Inc 56.38 41.67 1.81 91
SUBTOTAL 529,915.13 210,896.57 11,671.06 463,780


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