Insider Monkey·2025-09-24 01:06Industry Overview - The US nuclear energy industry is experiencing a significant boost following President Trump's executive order aimed at reducing regulatory barriers and increasing nuclear capacity fourfold to enhance energy security amid rising electricity demand from AI-powered data centers [2][3] - The strategy emphasizes domestic nuclear fuel extraction and enrichment to reduce reliance on imports from China and Russia, with the International Atomic Energy Agency predicting a potential increase in global nuclear capacity by up to 2.5 times by 2050 [3] Government Initiatives - A new nuclear power agreement between the United States and Britain is set to be signed during President Trump's state visit, aimed at attracting investment and accelerating the construction of new nuclear plants [4] - The British government is supporting Rolls-Royce in its efforts to build the first compact modular reactors in the UK, with a commitment of £19 billion ($25 billion) for a new plant at Sizewell C [4] Company Highlights - Energy Fuels Inc. (NYSE:UUUU) reached a 52-week high of $14.42 on September 19, 2025, reflecting strong investor confidence in its ability to meet the growing demand for nuclear fuel and critical minerals [11] - The company has successfully produced high-purity neodymium-praseodymium oxide for electric vehicle magnets, enhancing its position in the "mine-to-magnet" rare earth supply chain [12] - Denison Mines Corp. (NYSE:DNN) acquired 485,000 shares of Foremost Clean Energy Ltd. for approximately $1.07 million, increasing its stake to about 19.17%, indicating strategic interest in uranium exploration [14][15] - Centrus Energy Corp. (NYSE:LEU) achieved a new 52-week high of $265.48 on September 19, 2025, showcasing its strong market position and liquidity, while also being well-positioned to capitalize on opportunities in the nuclear fuel supply chain [18][19]