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Trump's nuclear energy initiatives can revive the uranium market


The new orders of US President Donald Trump, which are aimed at developing the country's nuclear energy, can revive the uranium market and promote investment interest, Reuters reports.

After the top of the 2023, uranium prices fell by almost 30%, but the new Trump commands restore investors' confidence in the development of fuel demand and the spread of artificial intelligence, demanding more energy.

Experts predict up to $ 100 / pound for a new product for new production and great interest in providing "small modular reactors" and uranium sources.

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