BUZZ - Australian uranium mining stocks surge after Google reaches power deal with Constellation Energy
路透社2026/10/07 01:11October 7 - Shares of Australian uranium mining companies surged after Google (GOOGL.O) signed a power agreement with Constellation Energy (CEG.O), the largest nuclear power plant operator in the United States (link). Google (GOOGL) and Constellation Energy (CEG) have entered into a multi-year deal under which Google will purchase 3,590 megawatts of electricity from Constellation; according to both parties, the additional nuclear-generated electricity accounts for roughly a quarter of total supplied power. Uranium is primarily used as fuel for nuclear power plants to generate low-carbon electricity. Boss Energy (BOE.AX) shares rose 9%, reaching their highest level since September 29, while Paladin Energy (PDN.AX) shares climbed over 6%. Deep Yellow (DYL.AX) shares rose nearly 10%, marking their largest intraday gain since September 3. Within the broadly flat ASX200 benchmark index (.AXJO), DYL and PDN ranked among the top gainers. (For the convenience of non-English speakers, Reuters has automatically translated its reports into several other languages. Since automated translations may contain errors or lack the necessary context, Reuters does not guarantee their accuracy and provides them solely for reader convenience. Reuters accepts no responsibility for any damage or loss arising from the use of the automated translation function.)
October 7 - ** Australian uranium mining stocks surge after Google GOOGL.O signed a power agreement with the largest nuclear power plant operator in the United States, Constellation Energy CEG.O (link)
** Google (GOOGL) and Constellation Energy (CEG) signed a multi-year agreement under which Google will purchase 3,590 megawatts of electricity from Constellation; according to both parties, the additional nuclear power accounts for about a quarter of total supply
** Uranium is mainly used as fuel in nuclear power plants to generate low-carbon electricity
** Boss Energy (BOE.AX) shares rose 9%, reaching their highest level since September 29; Paladin Energy (PDN.AX) shares rose more than 6%
** Deep Yellow (DYL.AX) shares rose nearly 10%, posting the biggest intraday gain since September 3
** Within the broadly flat ASX200 benchmark index .AXJO, DYL and PDN were among the top gainers
(To assist non-native English speakers, Reuters has automatically translated its reports into several other languages. Because automated translation may contain errors or lack the required context, Reuters does not guarantee the accuracy of the automated translation, which is provided solely for the convenience of readers. Reuters accepts no liability for any harm or losses arising from the use of the automatic translation function.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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