Canadian Uranium Producers Rise on Expected Trump Executive Order on Nuclear Energy -- Market Talk

Dow Jones

2025/05/23

1058 ET - Canada's uranium producers jump of hopes that President Trump will sign an executive order that could kick off more demand for nuclear power. Energy Fuels, NexGen Energy, Denison Mines and Cameco are among the biggest winners, rising 17%, 12%, 11% and 8%, respectively. Nuclear energy is seen as a popular choice to keep up with heavy demands for data center power requirements. Trump is expected to streamline the process which could give a jolt to the industry. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

May 23, 2025 10:58 ET (14:58 GMT)

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