Centrus Energy Corp (LEU) |
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Centrus Energy's Suppliers Performance
LEU's Supply Chain
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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 % |
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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