Trump Trade: U.S. weighs military operation to extract uranium from Iran

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.

URANIUM EXTRACTION: President Trump is weighing a risky military operation to extract nearly 1,000 pounds of uranium from Iran, The Wall Street Journal reports. The complex mission would likely put American forces inside Iran for days or longer, and could lengthen the war, according to experts. Trump has also encouraged advisers to press Iran to surrender the material as a condition for ending the war. Publicly traded stocks that may be impacted include Cameco (CCJ), NexGen Energy (NXE), Uranium Energy Corp (UEC), Energy Fuels (UUUU), and Denison Mines (DNN).

MILITARY OPERATIONS: In a post on Truth Social, President Trump says, “The United States of America is in serious discussions with A NEW, AND MORE REASONABLE, REGIME to end our Military Operations in Iran. Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately “Open for Business,” we will conclude our lovely “stay” in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island (and possibly all desalinization plants!), which we have purposefully not yet “touched.” This will be in retribution for our many soldiers, and others, that Iran has butchered and killed over the old Regime’s 47 year “Reign of Terror.””

FARM COSTS: President Donald Trump is promising lower costs for tractors, saying that he plans on “cutting out a massive amount of nonsense” for farm equipment. President Trump is hosting a White House event with more than 800 farmers to unveil new EPA diesel-exhaust sensor guidance and an expanded SBA loan-guarantee program for agricultural small businesses. Publicly traded companies in the space include Deere (DE) and Caterpillar (CAT).

DOW MANUFACTURING PROGRAM: Stratasys (SSYS) announced that its parts-on-demand business, Stratasys Direct, has been selected to take part in the U.S. Department of War’s, DoW, Joint Additive Manufacturing Acceptability, JAMA IV Pilot Parts Program, a multimillion-dollar initiative to accelerate qualification and deployment of 3D-printed parts across military platforms and systems. As a Program of Record for the U.S. Air Force and Naval Air Systems Command, Stratasys continues to expand its role in advanced manufacturing across aerospace and defense production environments, building on the successful deployment of thousands of systems worldwide. Unlike aspirational additive manufacturing initiatives in defense, Stratasys Direct, the contract manufacturing division of Stratasys, delivers qualified production-scale parts to defense organizations for operational use across active platforms.

DOW CONTRACT: Velo3D (VELO) has been awarded a $9.8M, five-year Indefinite Delivery Indefinite Quantity contract supporting the Defense Logistics Agency’s Joint Additive Manufacturing Acceptability Pilot Parts Program, an initiative aimed at accelerating adoption of additively manufactured components across Department of War sustainment operations.