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