NexGen Energy
NXE
NexGen Energy Ltd. (NXE), developer of Rook I uranium project in Saskatchewan's Athabasca Basin.
Inferred resource 256M lbs U3O8 at 1.8% grade per 2024 update. Feasibility study targets 30M lbs/year production post-2028. Market cap ~$4B CAD.
Why it matters now
Positioned for HALEU supply in 2026+ amid SMR demand; Arrow deposit de-risking boosts Western uranium for data center PPAs.