Uranium Week: Small Positives

This story features NEXGEN ENERGY LIMITED, and other companies. For more info SHARE ANALYSIS: NXG

A lift in the spot uranium price last week can’t detract from the lack of certainty around tariffs

-U308 markets continue to wallow on thin volumes
-Outlook for uranium clouded by the Trump Administration
-Kazatomprom, Deep Yellow & Paladin Energy in focus Geo-politics and tariffs remain an overhang With the world’s eyes focused on the reciprocal tariffs’ announcement on April 2, President Trump signed an executive order on March 20 to increase the domestic production of critical minerals.The order is designed to prioritise mineral production for national security and the independence of energy, including gold, copper, potash, and uranium. The aim is reducing dependence on foreign imports and speeding up the permitting processes and mineral projects on federal lands.Bloomberg reported the Defense Production Act as invoked by Trump is a 1950s law […]

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