Uranium stocks rise in 2025 on higher nuclear demand

Cameco

31/12/2025 15:21

** Shares of Uranium producers Energy Fuels UUUU.A, Cameco Corp CCO.TO, CCO.N and Uranium Energy UEC.A gain 117%, 69.3% and 75.9%, respectively

** Centrus Energy LEU.N has surged nearly 279% in 2025

** Stocks boosted by surging demand for uranium, primarily driven by data centers that require massive energy to power the AI boom

** Nuclear-powered energy is an attractive option for Big tech firms such as Amazon, Google, Microsoft and Meta given its reliability and near-zero carbon footprint

** Sector is also benefiting from U.S. President Donald Trump push to cut down on regulations and fast-track new licenses for reactors and power plants, seeking to shrink a multi-year process down to 18 months

     ** Sam Altman-backed small modular reactor maker Oklo OKLO.N jumped 236% YTD

** The Global X Uranium ETF URA.P, which invests in a broad range of uranium-linked stocks, rose 59.86% YTD

 (Reporting by Katha Kalia in Bengaluru)

 ((katha.kalia@thomsonreuters.com))