Australian uranium stocks gain after Google's power deal with Constellation Energy
BUZZ-Australian uranium stocks gain after Google's power deal with Constellation Energy ** Australian uranium miners jump after Google GOOGL.O signed a power deal with Constellation Energy CEG.O - the largest US nuclear power plant operator
** GOOGL enters multi-year deal to buy 3,590 megawatts of power from CEG; new nuclear energy accounts for about a quarter of supply - companies say
** Uranium is primarily used as fuel for nuclear power plants to generate low-carbon electricity
** Shares of Boss Energy BOE.AX rise 9%, hitting their highest level since September 29, while Paladin Energy PDN.AX gains over 6%
** Deep Yellow DYL.AX gains nearly 10%, logging their biggest intraday pct gain since September 3
** DYL & PDN among the top gainers on broader ASX200 benchmark index .AXJO, which trades flat
(Reporting by Rajasik Mukherjee in Bengaluru)
Recent news on Boss Energy
See all newsAustralian uranium miners rally after Google's power deal with Constellation Energy
Australian uranium stocks gain after Google's power deal with Constellation Energy
Australia's Boss Energy rises, Citi raises TP
Citi raises TP, but trims earnings outlook for Australia's Boss Energy
Brief: Boss Energy Says Production Guidance For FY2027 Is 1.25 To 1.30Mlbs U3o8