John borshoff deep yellow uranium

The market is pushing higher on Tuesday with solid gains being seen across the board.

Two ASX 200 energy shares that have followed the trend are Deep Yellow Ltd (ASX: DYL) and Yancoal Australia Ltd (ASX: YAL).

Both shares are outperforming the market today following the release of announcements.

Let's see what is getting investors excited this morning:

Deep Yellow

The Deep Yellow share price is up 2% after the uranium developer released its quarterly update.

Management notes that the "global nuclear outlook continues to strengthen with an increasing push towards nuclear by governments and Big Tech for clean reliable power."

And while the company recently deferred its final investment decision (FID) for the Tumas uranium project until March, it spoke very positively about this asset.

It highlights that "ongoing work continues to reinforce Tumas as a robust project and one of the most advanced greenfield uranium development projects available globally."

The ASX 200 energy s Deep Yellow Limited – Becoming a tier-one, low-cost uranium ... NIXIW