Shares of Cameco, NexGen Energy spike after U.S. DOE call for uranium

Shares of companies in the exploration for, mining, and milling, purchase, of uranium including Cameco (CCJ), NexGen Energy (NXE), Uranium Energy (UEC), Energy Fuels (UUUU) and Ur-Energy (URG) spiked higher on Tuesday after the the U.S. Department of Energy or DOE, issued a request for proposals or RFP for uranium enrichment services to help establish a reliable domestic supply of fuels using high-assay low-enriched uranium or HALEU, a crucial material needed to deploy advanced nuclear reactors, which will help reach President Biden’s goal of net-zero emissions by 2050, increase energy security, create good-paying jobs, and strengthen U.S. economic competitiveness.