BOSS ENERGY LTD (BOE.AU) shares are soaring 7.91% during Monday's intraday trading session, as investors react to news of significant U.S. policy changes that could dramatically boost global uranium demand. The surge comes in response to President Trump's signing of four nuclear-focused executive orders, marking the most aggressive U.S. intervention in the nuclear energy industry in decades.
According to Jefferies analyst Daniel Roden, these new policies mandate regulatory reform at the Nuclear Regulatory Commission, fast-track advanced reactor development, and support the entire front end of the nuclear fuel cycle. The executive orders could lead to an estimated 35 gigawatts of new nuclear capacity in the United States by 2035, with additional assets being upgraded and maintained for longer periods.
For uranium producers like BOSS ENERGY, the implications are significant. Jefferies projects that these policy changes could translate to an uplift in U3O8 (uranium oxide) demand of 10-15 million pounds per year by 2035, from the current 40 million pounds per year. Moreover, initial core loads for new reactors could require an additional 12-15 million pounds in the early 2030s. This anticipated surge in demand is likely driving the strong investor interest in BOSS ENERGY's stock, as the company stands to benefit from the potentially tightening uranium market.
Comments