Key Points The nuclear fuel operator is expanding production amid the U.S. ban on Russian uranium imports. Centrus has the only U.S. facility licensed and able to produce a crucial fuel for advanced reactors. These reactors should come on line in the 2030s, and Centrus must undergo a costly expansion. 10 stocks we like better than Centrus Energy › Nuclear energy is making a comeback. Governments worldwide are renewing their support, with several committing to triple their nuclear capacity by 2050. Meanwhile, next-generation small modular reactors (SMRs) could begin arriving in the 2030s. Many of these advanced reactors require a specialized fuel that remains in short supply. That's where Centrus Energy (NYSE: LEU) sees its opportunity.
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