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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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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.

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US President Donald Trump signed four decrees on Friday, according to one consultant, to launch a "renewal" of the civilian nuclear sector in the United States, with a view to increasing nuclear energy production four times over the next 25 years, AFP reports.

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