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0.00083368070029177 0.000275114631096241 -0.0020842017507295 -0.00500208420175077 -0.00291788245102127 0.00291788245102127 0.00166736140058354 0.000416840350145811
Stock impact report

Big Tech Turns To Uranium As Data Center Power Demand Soars [zero hedge]

Nexgen Energy Ltd. Common Shares (NXE) 
NASDAQ:AMEX Investor Relations: nexgenenergy.ca/investors/presentation
Company Research Source: zero hedge
Big Tech Turns To Uranium As Data Center Power Demand Soars Big Tech is considering supporting new uranium mining projects as companies need additional reliable power capacity for their huge data center expansion, according to the top executive of Canadian uranium miner NexGen Energy. “It's coming. You've seen it with automakers. These tech companies, they're under an obligation to ensure the hundreds of billions that they are investing in the data centres are going to be powered ,” NexGen Energy’s CEO Leigh Curyer said at a Melbourne Mining Club luncheon on Wednesday, as carried by Reuters . As OilPrice reports , NexGen Energy, which is developing Canada’s largest uranium project, Rook I in Saskatchewan, has held early talks with technology companies over potential financing from data center developers, Curyer said. The uranium developer has also discussed long-term uranium supply with data center firms. Yet, potential funding or supply deals will not involve any changes to the contr Show less Read more
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