10:56 AM EDT, 05/23/2025 (MT Newswires) -- (Updates with recent stock price movements.)

Uranium Energy ( UEC ) shares rose 24% in recent Friday trading, while Energy Fuels ( UUUU ) stock was up nearly 17% and Centrus Energy ( LEU ) shares gained over 23% as US President Trump is expected to sign executive orders to ease regulatory requirements on approvals for new reactors and enhance fuel supply chains, Reuters reported Thursday, citing four unnamed sources familiar with the plan.

Oklo ( OKLO ) shares were also 25% higher, while Nano Nuclear Energy ( NNE ) was up 26%. Constellation Energy ( CEG ) shares were up 1.6%, while GE Vernova ( GEV ) stock was up 1.5%, and Vistra ( VST ) climbed 0.5%.

The president will invoke the Defense Production Act as well to impose a national emergency over the country's dependence on China and Russia for enriched uranium, nuclear fuel processing, and advanced reactor inputs, the report added, citing a draft summary of the orders.

The summary also directs the US Departments of Energy and Defense to locate federal lands and sites for nuclear deployment, the report said.

Price: 6.43, Change: +1.27, Percent Change: +24.52