Energy Fuels shares surge 15.92% after-hours as Trump's Project Vault targets uranium stockpile.

Energy Fuels (NYSEMKT: UUUU) surged 15.92% in after-hours trading following reports that President Trump’s "Project Vault"—a $11.7 billion initiative to stockpile critical minerals—includes uranium procurement. The White House plan, which aims to reduce reliance on foreign sources for rare earths and other strategic materials, positioned Energy Fuels as a key beneficiary given its status as the leading U.S. uranium producer. The move aligns with earlier bullish catalysts, such as the Department of Energy’s nuclear fuel supply chain initiative in January and a strategic acquisition of a rare earths company, but the immediate driver appears to be the renewed focus on uranium stockpiling under Project Vault. The stock’s sharp rise reflects investor optimism about potential government contracts and the broader push for domestic mineral security.