News about LEU

The article highlights Centrus Energy (LEU), a producer of high-assay low-enriched uranium (HALEU) that small modular reactors need, which the company calls the only HALEU enricher in the Western World. Centrus reported a $4.5 billion backlog of LEU and HALEU sales commitments in an August investor presentation. With a $2.4 billion market cap, the author suggests the stock could grow tenfold to above $20 billion, compared with Cameco's $35 billion market cap, so a $10,000 investment could be worth a million dollars. The article also notes that it is impossible to say for sure whether the stock will flourish.