https://www.marketindex.com.au/news/us-to-build-domestic-uranium-supply-paladin-energy-boss-energy-shares-soar
KEY POINTS:_
The US Department of Energy's bid for uranium enrichment services aims to establish a reliable domestic supply of high-assay low-enriched uranium, reducing dependence on Russian importsThe US faces challenges as it strives to end reliance on Russian uranium imports amid soaring spot pricesIt's a sea of green for ASX-//listed uranium stocks on Wednesday, with most names including Paladin Energy (ASX: PDN), Boss Energy (ASX: BOE) and Deep Yellow (ASX: DYL) up around 5-8% in early trade.The broad-based rally was fuelled by the US Department of Energy's (DoE) plans to jump start the production of domestic uranium supply for advanced nuclear reactors. The DoE is seeking bids from contractors for uranium enrichment services to help establish a reliable domestic supply of high-assay low-enriched uranium or Haleu."
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Last updated 11.01am 13/06/2024 ? |
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