Australian uranium stocks soared on Friday following a Reuters report that U.S. President Donald Trump plans to sign executive orders aimed at revitalizing the American nuclear energy sector. Shares of key miners—Nexgen Energy (ASX:NXG), Deep Yellow (ASX:DYL), Boss Resources (ASX:BOE), and Paladin Energy (ASX:PDN)—jumped between 8% and 14%, significantly outperforming the ASX 200’s modest 0.2% gain.
The rally was triggered by news that the U.S. will streamline the regulatory approval process for new nuclear reactors and bolster domestic nuclear fuel supply chains. These initiatives are expected to drive long-term uranium demand growth. Additionally, the Trump administration is poised to invoke Cold War-era laws to reduce the nation’s reliance on enriched uranium and nuclear technologies sourced from Russia and China.
Australia, home to some of the world’s largest uranium deposits outside of Russia and China, is well-positioned to benefit from the U.S. pivot. The two nations share strong trade relations, making Australian uranium producers attractive alternatives for American energy security efforts. Rare earth miners may also see gains as the U.S. shifts sourcing away from geopolitical rivals.
The move marks a potential turning point for global uranium markets, which have struggled since the 2011 Fukushima disaster in Japan dampened nuclear energy development worldwide. With the U.S. reaffirming its commitment to nuclear power as a clean energy source, investor optimism around uranium mining has been reignited, positioning Australian firms for renewed growth in the sector.


BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface
South Korea Warns Weak Won Could Push Inflation Higher in 2025
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 



