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US uranium stocks rise on Trump's strategic reserve call

New York-quoted US uranium stocks were moving in positive direction on Tuesday morning after the announcement by president Donald Trump seeking US$150 million annually over 10 years to establish a strategic uranium reserve.

US uranium stocks rise on Trump's strategic reserve call US uranium stocks rise on Trump's strategic reserve call US uranium stocks rise on Trump's strategic reserve call US uranium stocks rise on Trump's strategic reserve call US uranium stocks rise on Trump's strategic reserve call

US president Donald Trump's creation of a strategic uranium reserve provided a boost to uranium junior stocks on Tuesday

The budget move is aimed at establishing a uranium reserve for the US to provide additional assurances of availability of uranium in the event of a market disruption.