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Highlights

  • Boss Energy, Paladin Energy, and Deep Yellow surge up to 11.8%.

  • U.S. President Trump expected to sign executive orders to streamline nuclear reactor approvals and strengthen uranium supply chains.

  • Year-to-date performance mixed: Boss up 46.1%, Deep Yellow up 2%, Paladin down 28.4%. 

Shares of Australian uranium miners rallied sharply on Friday, with Boss Energy (ASX:BOE), Paladin Energy (ASX:PDN), and Deep Yellow (ASX:DYL) among the top performers on the ASX 200 index. The surge followed reports that former U.S. President Donald Trump plans to issue executive orders aimed at revitalising the American nuclear energy industry.

Boss Energy soared as much as 11.8%, while Paladin and Deep Yellow gained 9.8% and 9.6%, respectively, amid investor optimism that new U.S. policy measures could unlock significant demand for uranium and streamline the approval process for new nuclear reactors.

According to sources cited by Reuters, the expected orders would focus on easing regulations, accelerating reactor licensing, and strengthening domestic fuel supply chains — all of which could benefit uranium producers globally, including those based in Australia.

In terms of year-to-date performance, Boss Energy leads with a 46.1% gain, reflecting strong investor confidence and operational progress. Deep Yellow has edged up 2%, while Paladin Energy remains down 28.4%, weighed by earlier production concerns and market volatility.

Analysts suggest that if U.S. policy changes translate into tangible reactor developments and uranium procurement, Australian uranium miners could see a significant lift in demand and pricing power.

Market participants will be closely watching for official confirmation and details of the executive orders, as well as how these translate into procurement contracts and investor flows in the months ahead.