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Uranium mining stocks rose in Thursday’s trading after the US Senate Environment and Public Works Committee voted to approve a sweeping bill that would Fast track posting A new fleet of advanced nuclear reactors.
Among the nuclear-focused stocks: NexGen Energy (NXE) +11.6%uranium energy (UEC) +11.6%uranium fission (OTCQX: FCUUF) +9.7%Cameco (New York Stock Exchange: CCJ) +8.8%Ur-Energy (urg) +7.9%energy fuel (UUUU) +7.5%Dennison mines.DNN) +7.4%NuScale Power (SMR) +1.2%.
ETFs: (New York: Career), (New York: NLR)
If the law is established, then legislation It would direct the US Nuclear Regulatory Commission to examine its processes for licensing nuclear power plants and to study whether the guidelines for approval of advanced nuclear reactors could be modified quickly.
In particular, the bill calls for speeding up approvals for next-generation reactors to be built at former commercial industrial facilities, directs the NRC to coordinate efforts between the United States and other countries seeking to develop nuclear power, and to help train nuclear safety regulators abroad. .
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