Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Oklo Signs Multiyear Uranium Supply Deals With Centrus Energy

Oklo Signs Multiyear Uranium Supply Deals With Centrus Energy

MT newswireMT newswire2026/11/12 13:27
09:27 AM EST, 11/12/2026 (MT Newswires) -- Oklo (OKLO) said Thursday it has signed multiple definitive, multiyear contracts with uranium enrichment and nuclear fuel services provider Centrus Energy (LEU) for high-assay low-enriched uranium. Under the agreements, Oklo said it will make prepayments for future high-assay low-enriched uranium deliveries to support a planned 1.2 GW power campus in Ohio. The agreements are supported by Meta's (META) prepayment for future Oklo power production and include enough of the uranium to support up to five Aurora powerhouses for multiple years, according to a statement. Fuel deliveries from Centrus' American Centrifuge Plant in Pike County, Ohio, will start in 2029, Oklo said. Shares of Oklo were down 4.6% pre-bell Thursday.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!