BUZZ-Lightbridge, Oklo gain on nuclear fuel fabrication and recycling agreement

Shares of nuclear fuel technology firm Lightbridge LTBR.O rise 6.7% and nuclear fuel recycling company Oklo OKLO.N jump 4.4%, respectively, premarket

Companies sign agreement to conduct a feasibility study for the co-location of Lightbridge's commercial-scale fuel fabrication facility

A Fuel fabrication facility is where enriched uranium is processed and converted into the fuel rods used in nuclear reactors

Companies to also explore opportunities for collaboration in recycling nuclear waste

In 2024, OKLO and LTBR rose 88.5% and 53.6%, respectively