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Stock impact report

NexGen Approval Puts Giant Rook I Uranium Project On The Clock [Yahoo! Finance]

Nexgen Energy Ltd. Common Shares (NXE) 
NASDAQ:AMEX Investor Relations: nexgenenergy.ca/investors/presentation
Company Research Source: Yahoo! Finance
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. NexGen Energy (TSX:NXE) has received final federal approval from the Canadian Nuclear Safety Commission. The licence covers site preparation and construction for the company's Rook I uranium project in Canada. Rook I is positioned to become the world's largest single-source uranium mine, with planned output equal to over 20% of current global uranium fuel supply. NexGen Energy focuses on uranium development, and this latest licence moves Rook I from concept toward physical construction. For investors watching nuclear energy and uranium, the project sits at the center of growing interest in low carbon baseload power. Canada's regulatory sign off also reinforces the country's role as a key jurisdiction for future nuclear fuel supply. With approvals in place, NexGen is shifting from a development story to a company preparing for producti Show less Read more
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