Australian uranium stocks soared on Friday following a Reuters report that U.S. President Donald Trump plans to sign executive orders aimed at revitalizing the American nuclear energy sector. Shares of key miners—Nexgen Energy (ASX:NXG), Deep Yellow (ASX:DYL), Boss Resources (ASX:BOE), and Paladin Energy (ASX:PDN)—jumped between 8% and 14%, significantly outperforming the ASX 200’s modest 0.2% gain.
The rally was triggered by news that the U.S. will streamline the regulatory approval process for new nuclear reactors and bolster domestic nuclear fuel supply chains. These initiatives are expected to drive long-term uranium demand growth. Additionally, the Trump administration is poised to invoke Cold War-era laws to reduce the nation’s reliance on enriched uranium and nuclear technologies sourced from Russia and China.
Australia, home to some of the world’s largest uranium deposits outside of Russia and China, is well-positioned to benefit from the U.S. pivot. The two nations share strong trade relations, making Australian uranium producers attractive alternatives for American energy security efforts. Rare earth miners may also see gains as the U.S. shifts sourcing away from geopolitical rivals.
The move marks a potential turning point for global uranium markets, which have struggled since the 2011 Fukushima disaster in Japan dampened nuclear energy development worldwide. With the U.S. reaffirming its commitment to nuclear power as a clean energy source, investor optimism around uranium mining has been reignited, positioning Australian firms for renewed growth in the sector.


U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React
South Korea Warns Weak Won Could Push Inflation Higher in 2025
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 



