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News in English (USA) / 23.05.2025 / 09:00

Trump to Sign Executive Orders Boosting Nuclear Power, Stocks Surge

In a significant move to revitalize the U.S. nuclear energy sector, President Trump is expected to sign a series of executive orders aimed at boosting nuclear power as soon as Friday. These orders are anticipated to create significant changes within the nuclear industry, including reducing regulatory hurdles. As a result, uranium stocks have surged, with gains reported in companies like Centrus Energy and other ASX-listed uranium firms. However, concerns have been raised over potential security and proliferation risks associated with the expedited processes for nuclear energy development. Experts predict that these initiatives could mark a revival reminiscent of Cold War-era policies, potentially leading to the assessment of nuclear waste and plutonium as reactor fuel. The push for nuclear energy is touted as a step toward enhancing U.S. energy dominance, despite mixed reactions from taxpayers and public safety advocates.
Reuters, NTI | Building a Safer World, Bulletin of the Atomic Scientists, Mint, Newsweek, smallcaps.com.au, Capital Brief, CarbonCredits.com, Chosunbiz, marketscreener.com