Nano Nuclear Shares Soars 29% on Recycling Partnership With Curio

Dow Jones07-01

Shares in Nano Nuclear Energy rose after the company agreed to a preliminary deal with Curio Solutions to optimize the nuclear-fuel recycling of its advanced portable microreactors, which are currently in development.

Shares were recently up 29%, or $6.8, at $30.24.

The nuclear energy and technology company said it will utilize Curio's NuCycle process to increase operational modularity, capacity and economic viability of its next-generation microreactors, while significantly reducing nuclear waste.

"The opportunity to utilize Curio's expertise in nuclear fuel recycling and optimize our reactors to be cleaner, more efficient and safer is a significant boon," Executive Chairman Jay Yu said.

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