Constellation Energy's sweeping nuclear deal sparks rally in power sector stocks
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01:05:31 AM UTC
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* Australian uranium miners jump after Google signed a power deal with Constellation Energy — the largest US nuclear power plant operator * GOOGL enters multi-year deal to buy 3,590 megawatts of power from CEG; new nuclear energy accounts for about a quarter of supply - companies say * Uranium is primarily used as fuel for nuclear power plants to generate low-carbon electricity * Shares of Boss Energy rise 9%, hitting their highest level since September 29, while Paladin Energy gains over 6% * Deep Yellow gains nearly 10%, logging their biggest intraday pct gain since September 3 * DYL & PDN among the top gainers on broader ASX200 benchmark index, which trades flat (Reporting by Rajasik Mukherjee in Bengaluru) ((mailto:Rajasik.Mukherjee@thomsonreuters.com)