NANO Nuclear gains on tie-up with UrAmerica to develop uranium-fuel supply chain
ReutersJul 8, 2025 1:15 PM
Shares of nuclear technology company NANO Nuclear Energy NNE.O rise 1.4% to $34.63 premarket
Company signs memorandum of understanding with private exploration company UrAmerica to explore strategic development across Argentina’s uranium-fuel supply chain
Both companies aim to build the mining and milling capacities of Argentina's uranium supply chain with the intention to be a part of the uranium fuel cycle exports into the U.S.
“Our extensive licenses package in the San Jorge Basin holds world-class uranium deposits...we aim to not only meet the growing global demand for nuclear fuel but also position Argentina as a key strategic partner for the United States in energy security," - UrAmerica CEO Omar Adra
As of last close, stock up 37.1% YTD
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