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Nexus Uranium ( (TSE:NEXU) ) has provided an update.
Nexus Uranium Corp. has joined the South Dakota Mineral Industries Association, aligning with its expanding uranium exploration activities in South Dakota, where it controls two strategic projects. This membership underscores Nexus’s commitment to responsible mineral development and collaboration with industry partners and local communities. It comes as the U.S. seeks to bolster its domestic critical mineral supply chains, with uranium being pivotal for energy security and the clean energy transition.
More about Nexus Uranium
Nexus Uranium is a Canadian uranium exploration company focused on mineral exploration and development in the green energy sector. The company holds five uranium projects in the United States, including Chord and Wolf Canyon in South Dakota, South Pass and Great Divide Basin in Wyoming, and Wray Mesa in Utah. Nexus also holds the Mann Lake uranium project in the Athabasca Basin of northern Saskatchewan, Canada. The company has recently merged with Basin Uranium Corp., consolidating a portfolio of advanced-stage uranium assets poised to benefit from the growing demand for nuclear energy and domestic uranium production.
Average Trading Volume: 17,486
Technical Sentiment Signal: Sell
Current Market Cap: C$85.06M
See more insights into NEXU stock on TipRanks’ Stock Analysis page.