11:06 AM EDT, 07/23/2025 (MT Newswires) -- Uranium equities rose this past week, driven by continued momentum in nuclear energy, an increasing focus on US domestic critical minerals supply concerns, and broad materials strength, RBC Capital Markets said in a Tuesday note.

RBC noted some concern in its recent investor conversations on lack of follow-through in uranium prices that have remained relatively range-bound for the past 12 months.

RBC mentioned several news items for the uranium market, including commitments made by Constellation Energy during the Pennsylvania Energy Summit. The company plans to accelerate the restart of the Three Mile Island reactor, extend operations at Peach Bottom, and increase capacity at Limerick.

The company also plans to pursue new nuclear in New York, RBC said.

Also at the summit, U.S. President Trump attended a nuclear energy round table that included Westinghouse, which highlighted plans to deploy up to 10 new nuclear reactors in the U.S. in response to the White House's executive orders on growing nuclear energy.

Price: 107.96, Change: +1.96, Percent Change: +1.85