Putin calls on Russian government to study measures to restrict the export of strategic resources, causing a sharp rise in prices for nickel and uranium mining companies

Wallstreetcn
2024.09.11 17:21
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According to CCTV News, Russian President Putin stated at a government work meeting that he has requested the government to study measures to restrict the export of strategic resources, including uranium, titanium, and nickel ores, while ensuring their own interests. Putin's remarks led to a $371 or 2.4% increase in nickel prices, and the stock prices of uranium companies surged as well, with Canadian uranium company NexGen Energy's US stocks rising more than 6.4% in early trading