Wire
X-Energy, Centrus Energy Sign Long-Term HALEU Supply Deal
X-Energy (XE) and Centrus Energy (LEU) signed a definitive deal for long-term supply of high-assay, low-enriched uranium, or HALEU, the companies said Thursday.Under the deal, Centrus will provide X-energy with enrichment services for HALEU, helping de-risk X-energy's Xe-100 project pipeline and secure HALEU for a portion of the fuel that would power its 11.5-gigawatt commercial pipeline, according to the statement.No financial details were disclosed.X-Energy shares were up more than 8%, while Centrus shares were down over 2% in Thursday trading.Price: $20.47, Change: $+1.42, Percent Change: +7.45%
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