BUZZ-NANO Nuclear Energy gains on Namibia partnership to develop domestic supply chain

Reuters

Jun 20, 2025

** Shares of nuclear technology company NANO Nuclear Energy NNE.O rise 7.4% to $40.77 premarket

** Company signs memorandum of understanding with Namibia Industrial Development Agency (NIDA) to develop domestic nuclear fuel supply chain infrastructure within country

** NNE says collaboration aims to help position Namibia as key player in emerging secure and diversified global nuclear fuel supply chain

** NIDA to help coordinate government and stakeholder engagement and NNE to lead assessments related to industrial capability, fuel logistics and potential international nuclear fuel supply contracts for NIDA

** "NANO Nuclear and NIDA will also work to negotiate and enter into definitive agreement related to the collaboration in the future," company says

** Up till last close, stock up 52.5% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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nuclear fuel supply chain infrastructure within country</p><p>** NNE says collaboration aims to help position Namibia as key player in emerging secure and diversified global nuclear fuel supply chain</p><p>** NIDA to help coordinate government and stakeholder engagement and NNE to lead assessments related to industrial capability, fuel logistics and potential international nuclear fuel supply contracts for NIDA</p><p>** \"NANO Nuclear and NIDA will also work to negotiate and enter into definitive agreement related to the collaboration in the future,\" company says </p><p>** Up till last close, stock up 52.5% YTD</p><p> (Reporting by Pooja Menon in Bengaluru)</p><p> ((Pooja.Menon@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NNE","symbol_name":"NANO Nuclear Energy 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infrastructure within country** NNE says collaboration aims to help position Namibia as key player in emerging secure and diversified global nuclear fuel supply chain** NIDA to help coordinate government and stakeholder engagement and NNE to lead assessments related to industrial capability, fuel logistics and potential international nuclear fuel supply contracts for NIDA** \"NANO Nuclear and NIDA will also work to negotiate and enter into definitive agreement related to the collaboration in the future,\" company says ** Up till last close, stock up 52.5% YTD  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NNE":"NANO Nuclear Energy Inc","BK4182":"重型电气设备","BK4606":"AI电力股"},"translate_title":"BUZZ-NANO核能受益于纳米比亚合作发展国内供应链","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NNE":0.9},"content_text":"BUZZ-NANO Nuclear Energy gains on Namibia partnership to develop domestic supply chain** Shares of nuclear 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