Uranium Producers' Shares Surge After US President Trump Signs Executive Orders to Boost Nuclear Energy Industry

MT Newswires Live

05/26

The shares of Australian uranium producers surged in recent trading on Monday after the US President Donald Trump signed executive orders to cut down on regulations for the nuclear energy industry and speed up the issuance of licenses for reactors and power plants.

The shares of Deep Yellow (ASX:DYL) jumped 14%, Paladin Energy shares (ASX:PDN) rose 13%, while those of Boss Energy (ASX:BOE) rose 11% in recent trade.

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