Lightbridge Shares Rise on Clean Nuclear Energy MOU

Dow Jones01-28

By Sabela Ojea

Shares of Lightbridge climbed Tuesday after the company said it signed a memorandum of understanding with Oklo to co-locate a Lightbridge commercial-scale fuel fabrication facility at Oklo's proposed commercial fabrication facility.

The stock was up 17% to $7.24 in morning trading. Shares have surged 55% since the beginning of the year.

The developer of nuclear fuel technology said the deal with Oklo, a nuclear power and fuel recycling company, includes plans for collaboration in recycling nuclear waste.

"The potential co-location of our commercial fuel fabrication facilities could offer significant synergies in terms of upfront capital expenditures and ongoing operating costs," Lightbridge Chief Executive Seth Grae said.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

January 28, 2025 11:27 ET (16:27 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2507875543?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-01-29 00:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2507875543","market":"fut","top_or_hot":-1,"title":"Lightbridge Shares Rise on Clean Nuclear Energy MOU","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Sabela Ojea \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Lightbridge climbed Tuesday after the company said it signed a memorandum of understanding with Oklo to co-locate a Lightbridge commercial-scale fuel fabrication facility at Oklo's proposed commercial fabrication facility. \n</p>\n<p>\n  The stock was up 17% to $7.24 in morning trading. Shares have surged 55% since the beginning of the year. \n</p>\n<p>\n  The developer of nuclear fuel technology said the deal with Oklo, a nuclear power and fuel recycling company, includes plans for collaboration in recycling nuclear waste. \n</p>\n<p>\n  \"The potential co-location of our commercial fuel fabrication facilities could offer significant synergies in terms of upfront capital expenditures and ongoing operating costs,\" Lightbridge Chief Executive Seth Grae said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 28, 2025 11:27 ET (16:27 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lightbridge Shares Rise on Clean Nuclear Energy MOU</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLightbridge Shares Rise on Clean Nuclear Energy MOU\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-29 00:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Sabela Ojea \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Lightbridge climbed Tuesday after the company said it signed a memorandum of understanding with Oklo to co-locate a Lightbridge commercial-scale fuel fabrication facility at Oklo's proposed commercial fabrication facility. \n</p>\n<p>\n  The stock was up 17% to $7.24 in morning trading. Shares have surged 55% since the beginning of the year. \n</p>\n<p>\n  The developer of nuclear fuel technology said the deal with Oklo, a nuclear power and fuel recycling company, includes plans for collaboration in recycling nuclear waste. \n</p>\n<p>\n  \"The potential co-location of our commercial fuel fabrication facilities could offer significant synergies in terms of upfront capital expenditures and ongoing operating costs,\" Lightbridge Chief Executive Seth Grae said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 28, 2025 11:27 ET (16:27 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2507875543","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507875543","pubTimestamp":1738081620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Lightbridge climbed Tuesday after the company said it signed a memorandum of understanding with Oklo to co-locate a Lightbridge commercial-scale fuel fabrication facility at Oklo's proposed commercial fabrication facility.The stock was up 17% to $7.24 in morning trading. Shares have surged 55% since the beginning of the year.The developer of nuclear fuel technology said the deal with Oklo, a nuclear power and fuel recycling company, includes plans for collaboration in recycling nuclear waste.\"The potential co-location of our commercial fuel fabrication facilities could offer significant synergies in terms of upfront capital expenditures and ongoing operating costs,\" Lightbridge Chief Executive Seth Grae said.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Lightbridge股价因清洁核能谅解备忘录上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LTBR":1,"OKLO":0.9},"content_text":"By Sabela Ojea \n\n\n \n\n\n  Shares of Lightbridge climbed Tuesday after the company said it signed a memorandum of understanding with Oklo to co-locate a Lightbridge commercial-scale fuel fabrication facility at Oklo's proposed commercial fabrication facility. \n\n\n  The stock was up 17% to $7.24 in morning trading. Shares have surged 55% since the beginning of the year. \n\n\n  The developer of nuclear fuel technology said the deal with Oklo, a nuclear power and fuel recycling company, includes plans for collaboration in recycling nuclear waste. \n\n\n  \"The potential co-location of our commercial fuel fabrication facilities could offer significant synergies in terms of upfront capital expenditures and ongoing operating costs,\" Lightbridge Chief Executive Seth Grae said. \n\n\n \n\n\n  Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 28, 2025 11:27 ET (16:27 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2507875543"}