LEU - Centrus Energy Clean Core Thorium advance work to develop next-generation fuel

Centrus Energy (LEU +1.2%) and Clean Core have been working together under a memorandum of understanding signed earlier this year to promote Clean Core's advanced nuclear fuel, which will combine thorium with High-Assay, Low-Enriched Uranium produced by Centrus and to promote the use of ANEEL advanced nuclear fuel in CANDU reactors around the world, together with other PHWRs.. Centrus Energy (LEU +1.2%) President and CEO Daniel Poneman congratulated Clean Core Thorium Energy and Texas A&M on successfully fabricating the first sample pellets of a next-generation nuclear fuel called ANEEL. Based on more than 15 years of research and design, the new HALEU-Thorium ANEEL fuel is suitable for new and existing CANDU and other Pressurized Heavy Water Reactors. Clean Core plans to test and qualify ANEEL fuel at the Idaho National Laboratory next year and expects to commercialize the fuel by late 2024. Texas A&M University's Nuclear Engineering and Science Center

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Centrus Energy, Clean Core Thorium advance work to develop next-generation fuel