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There have been no nuclear power plants licensed in the United States since the partial meltdown of the reactor core of the Three Mile Island plant in Pennsylvania in 1979.
There have been no nuclear power plants licensed in the United States since the partial meltdown of the reactor core of the Three Mile Island plant in Pennsylvania in 1979.
(Chris Gardner/Associated Press/Chris Gardner/Associated Press)

Uranium stocks glow after Japan makes nuclear ‘U-turn’

Uranium stocks are starting to glow again. Almost three years after Japan shut down its nuclear reactors following the Fukushima meltdowns in 2011, the country is signalling a move back to nuclear power – and the market is cheering.

Cameco Corp., the largest North American uranium producer, rose about 4 per cent on Wednesday, taking the stock to its highest level since mid-2011. Denison Mines Corp. jumped more than 9 per cent.