Oklo, Centrus Secure HALEU Supply Deal for Ohio Nuclear Campus — Centrus Energy Corp.

Event summary

Centrus Energy Corp. and Oklo Inc. signed a Letter of Intent for Centrus to supply HALEU to power up to five Aurora powerhouses, with deliveries starting in 2029.
The agreement includes potential prepayments from Oklo to secure fuel supply for its planned 1.2 GW Clean Energy Campus in southern Ohio.
Centrus will source HALEU from its American Centrifuge Plant in Pike County, Ohio.
The deal follows Oklo's January 2026 announcement with Meta, which included prepayment to advance project certainty.
The project is expected to create over 700 full-time construction jobs and hundreds of permanent roles in southern Ohio.

The big picture

This agreement marks a critical step in establishing a domestic supply chain for advanced nuclear fuel in the U.S., addressing one of the key constraints facing the sector. The deal aligns fuel supply, power generation, and customer demand in southern Ohio, positioning the region as a potential hub for advanced nuclear energy. The project's success could influence the broader adoption of advanced nuclear technologies and the restoration of U.S. uranium enrichment capabilities.

What we're watching

Supply Chain Dynamics: Whether Centrus can sustain HALEU production at scale to meet Oklo's timeline and future demand from other advanced nuclear projects.
Regulatory Certainty: How the U.S. Nuclear Regulatory Commission's approval process will impact the deployment timeline for Oklo's Aurora powerhouses.
Execution Risk: The pace at which Oklo and Centrus can finalize definitive agreements and secure additional financing for the project.