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Aussie uranium miners rise as Trump likely to sign orders to boost nuclear power

ReutersMay 23, 2025 1:02 AM

Shares of Australian uranium miners Boss Energy BOE.AX, Paladin Energy PDN.AX and Deep Yellow DYL.AX rise as much as 11.8%, 9.8% and 9.6%, respectively

BOE, PDN and DYL are the top percentage gainers on ASX 200 benchmark index .AXJO

Sources told Reuters that U.S. President Donald Trump will sign executive orders that aim to jumpstart nuclear energy industry by easing regulatory process on approvals for new reactors and strengthening fuel supply chains

As of last close, BOE and DYL up 46.1% and 2% YTD, while PDN is down 28.4%

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