Centrus Energy Signs Letter of Intent to Supply HALEU Fuel to Oklo Inc.

Centrus Energy Corp. announced it has signed a non-binding letter of intent (LOI) with Oklo, Inc. to supply high-assay, low-enriched uranium (HALEU). The agreement aims to provide fuel for Oklo's planned 1.2 GW Aurora powerhouse campus in southern Ohio, establishing a key component of the domestic advanced nuclear supply chain.

Key Details

• Agreement: Non-binding Letter of Intent with Oklo, Inc. for the supply of HALEU. A definitive agreement is yet to be executed and may include prepayments from Oklo.
• Timeline & Production: HALEU deliveries are scheduled to begin in 2029 and will be produced at Centrus' Piketon, Ohio facility.
• End-Use: The fuel is intended for Oklo's planned 1.2 GW power campus and is expected to power up to five Aurora powerhouses for multiple years.