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TENEX and Centrus Agree on Decade of Reliable Supply

Published 22 March 2016 | By TENEX

TENEX and Centrus have reached agreement with to modify the terms of the long-term supply contract the two companies signed in 2011 and to extend their contractual relationship through 2026.

"The updated agreement reflects the changing fuel market and extends our supply arrangement for a decade, further strengthening the partnership between our two companies - a partnership that has played an indispensable role in U.S-Russia nuclear cooperation for more than two decades, said President and Chief Executive Office Daniel B. Poneman."

TENEX General Director, Liudmila Zalimskaya said, "We highly value cooperation with our long-standing partner, Centrus, and have strengthened our long-term relations with this arrangement."