US Backing: IMSR, LEU, OKLO Surge! Turn to Nuclear Stocks?
Terrestrial Energy jumped 20% after announcing a TETRA project agreement with the U.S. Department of Energy, advancing a pilot reactor based on its Integral Molten Salt Reactor technology.
U.S. has committed $2.7B in grants to boost domestic nuclear fuel production, with Centrus Energy securing $900M to develop fuel for advanced reactors.
Centrus shares rose 10%, lifting the broader nuclear sector.
Are these gains the start of a long-term nuclear renaissance, or is the market pricing in policy optimism too quickly?
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