Production of the specialized fuel is slated for the Centrus facility in Pike County, Ohio, positioning the supply chain locally for the 1.2-gigawatt campus. Deliveries are scheduled to begin in 2029. While the companies have not disclosed the specific financial architecture of the agreement, the terms allow for potential prepayments from Oklo to guarantee availability.
Market reaction was swift following the announcement. Oklo shares climbed 3.2% to $60.72, while Centrus Energy saw a sharper 10% gain, pushing its stock to $188.15 during premarket trading.
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