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

Updates

Shares of nuclear fuel technology firm Lightbridge LTBR.O rise 11.6% to $7.17; nuclear fuel recycling company Oklo's OKLO.N shares climb 5% to $32.43

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

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

Companies to also explore opportunities for collaboration in recycling nuclear waste

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