Centrus' New Deal Ignites HALEU Demand Fire The nuclear energy industry has long been dominated by conventional low enriched uranium (LEU), but a shift is underway towards high assay low enriched uranium (HALEU) driven by emerging applications.
Centrus Energy Corp. 's (NYSE:LEU) multi year contract with Antares Nuclear to supply HALEU is the latest development in this space.
HALEU's unique characteristics – high enrichment levels without the proliferation risks associated with highly enriched uranium (HEU) – make it an attractive option for various applications, including compact microreactors for critical missions and space exploration.