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.
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