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Nexus Uranium ( (TSE:NEXU) ) has provided an announcement.
Nexus Uranium has joined Better In Our Back Yard, a national coalition that promotes responsible industrial development in the United States, underscoring the miner’s emphasis on community engagement and environmentally responsible practices as it advances its U.S. uranium assets, particularly the Chord Project in South Dakota. The move, which aligns with Nexus’s efforts to benefit from streamlined permitting under the federal FAST-41 program, is intended to bolster support among stakeholders and regulators for domestic uranium projects that contribute to U.S. energy security while aiming to meet high environmental and community standards.
More about Nexus Uranium
Nexus Uranium Corp. is a Canadian exploration company focused on developing uranium projects in North America. Its U.S. portfolio includes the Chord and Wolf Canyon projects in South Dakota and the South Pass project in Wyoming, while in Canada it holds the Mann Lake project in Saskatchewan’s Athabasca Basin. The company is targeting domestic uranium supply for the U.S. energy market, with one Wyoming asset, the Great Divide Basin project, under option to Canamera Energy Metals Corp.
YTD Price Performance: 4.79%
Average Trading Volume: 84,597
Technical Sentiment Signal: Hold
Current Market Cap: C$21.54M
See more insights into NEXU stock on TipRanks’ Stock Analysis page.