Energy Fuels Surges on U.S. Nuclear Energy and Critical Minerals Focus
Shares of Energy Fuels (UUUU), a rare earths and uranium processor, jumped 12.7% this week following supportive signals from the TRUMP administration. The rally lacked company-specific catalysts but aligned with broader policy tailwinds for nuclear energy and strategic mineral supply chains.
Energy Secretary Chris Wright's UN speech underscored nuclear power as a key solution for emissions reduction, directly benefiting Energy Fuels' uranium oxide production. Concurrent reports of potential government stakes in lithium miners further buoyed sentiment toward critical materials sectors.