Centrus Energy Corp. (LEU) Finalizes Memorandum of Understanding with Korea Hydro & Nuclear Power (KHNP) and POSCO International

Centrus Energy Corp. (NYSE:LEU) is one of the 12 Best Uranium Stocks to Buy Right Now.

On August 25, 2025, Centrus Energy Corp. (NYSE:LEU) finalized a Memorandum of Understanding with Korea Hydro & Nuclear Power (KHNP) and POSCO International to explore investment in expanding its uranium enrichment plant in Piketon, Ohio.

With this agreement, Centrus Energy Corp. (NYSE:LEU) increased supply volumes under its February 2025 contract with KHNP, with expansion plans hinging on federal funding from the U.S. Department of Energy. Furthermore, the company pledged to provide matching support through private capital and utility commitments. While the agreement strengthens U.S.-Korea nuclear cooperation, it positions Centrus to deliver LEU and HALEU for current and next-generation reactors.

Centrus Energy Corp. (NYSE:LEU), a nuclear fuel and services supplier, leads efforts to restore U.S. uranium enrichment capacity and advance HALEU production for clean energy and national security needs. It is one of the best uranium stocks.

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