Nuclear Power Shifts to Rapid Execution with $2.7B DOE Commitment

The US Department of Energy has committed $2.7 billion to onshore uranium enrichment and $800 million to accelerate small modular reactors, shifting the North American nuclear landscape from planning to execution. Several key platforms, including Eagle Energy Metals, Centrus Energy, NuScale Power Corporation, Energy Fuels Inc., and Canada Nickel Company, are emerging as leaders in domestic energy security. Global investment in nuclear capacity is projected to triple by 2035, reaching $210 billion. Eagle Energy Metals is engaging BBA USA Inc. to design a targeted drilling campaign at its Aurora Uranium Project.