Centrus Energy shares rise after signing a Letter of Intent with Oklo to supply HALEU fuel for next-generation nuclear reactors.

The once-hot nuclear fission stock Oklo climbed 3.5% on Thursday. Meanwhile, Centrus Energy rose about 8.5% after news of the deal broke.

By establishing itself as a domestic source of HALEU, Centrus is helping address a critical bottleneck that has limited deployment of advanced nuclear technologies across the…