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Trump signs executive orders aimed at easing regulations on and expanding nuclear energy production

  • On Friday, President Donald Trump signed executive orders to streamline nuclear reactor licensing and expand U.S. nuclear energy production.
  • The orders respond to a decade-long, multi-year licensing process that has slowed new projects despite rising electricity demand from data centers and AI systems.
  • The measures include cutting regulations at the independent Nuclear Regulatory Commission, directing Energy and Defense departments to build plants on federal land, and reinvigorating uranium production.
  • ASPI’s shares jumped 14.4% to $8.92 following a $22 million loan from TerraPower to help fund uranium enrichment at the Pelindaba plant in South Africa, supported by supply contracts with a total estimated value exceeding $4 billion extending through 2037.
  • The orders aim to reduce foreign uranium reliance and boost domestic nuclear growth, though experts warn that regulatory changes may risk safety and that full impact remains uncertain.
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Lean Left

Via Rail subsidiary paid Quebec marketing firm $330K as it pivoted to high-speed rail

MONTREAL — A federal Crown corporation paid more than $330,000 to an outside marketing firm to rebrand a planned passenger rail project between Toronto and Quebec City and boost its popularity.

Lean Right

Over the next 25 years, nuclear power production in the US is to be quadrupled. US President Trump is signing four decrees to turn the US into a "real power" in the nuclear industry. Shares in the sector are pleased.

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CNBC broke the news in United States on Friday, May 23, 2025.
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