Energy Fuels Announces Q1-2024 Results, Including Continued Net Income, Continued Successful Uranium Ramp-Up, Commissioning Rare Earth Oxides Production, and Steps to Secure World-Scale Sources of Heavy Mineral Sands and Monazite
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) reported its financial results for the quarter ended March 31, 2024. The Company’s Quarterly Report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission …
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READ MOREMay 4, 2024
Energy Fuels Announces Agreement for Transformational Acquisition of Base Resources, Creating a Global Leader in Critical Minerals Production with a Focus on Uranium, Rare Earth Elements and Heavy Mineral Sands
The acquisition will include Base Resources’ 100%-owned advanced, world-class Toliara heavy mineral sands project in Madagascar which includes a long-life, high-value and low cost monazite stream, produced as a byproduct of primary titanium and zirconium …
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READ MOREApril 22, 2024
Energy Fuels Enters into MOU to Secure Near-Term, Large-Scale Australian Source of Rare Earth Minerals to Supply New U.S.-Based Supply Chain for Decades
Energy Fuels and Astron Corporation execute non-binding MOU to jointly develop the Donald Mineral Sands Project, a large heavy mineral sand deposit that has the potential to supply Energy Fuels with approximately 7,000 tonnes of …
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READ MOREDecember 29, 2023
In Response to Surging Prices, Supportive Government Policies, and a Domestic Focus on Security of Supply, Energy Fuels Has Commenced Production at Three of its U.S. Uranium Mines
Nuclear energy is increasingly being recognized as a clean energy resource globally, while buyers seek non-Russian uranium supply; Energy Fuels is uniquely positioned to immediately increase uranium production through multiple assets in the U.S., including …
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READ MOREDecember 21, 2023
Energy Fuels Announces Sale of Secured Convertible Note and Receipt of Payment in Full for Prior Sale of Alta Mesa ISR Project
Together with $41.8 million previously paid by enCore, net proceeds from the Note total $64.2 million Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) is pleased to announce that, on November 9, 2023, it …
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READ MORENovember 13, 2023
Energy Fuels Announces Q1-2023 Results, Including Net Income of $114.26 million, $143.61 million of Working Capital, $19.34 million of Uranium and Vanadium sales and Commencement of Development of Rare Earth Separation Capabilities in Utah
The Company sold 300,000 pounds of uranium at a gross margin of 58%, 79,344 pounds of vanadium at a gross margin of 37%, and the Alta Mesa property for a total gain of $116.45 million; …
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READ MOREMay 7, 2023
Energy Fuels Announces 2022 Results; Emerging as the Leading US Producer of Critical Minerals with Focus on Uranium and Rare Earth Elements
Preparing multiple uranium mines for production, completing profitable sales & developing rare earth refining capacity to power up to 1 million EVs per year by late-2023 or early-2024, while strengthening the balance sheet and avoiding …
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READ MOREMarch 8, 2023
Energy Fuels Completes Sale of Alta Mesa Property to enCore Energy for Total Gross Proceeds of $120 Million
Sale provides Energy Fuels with significant non-dilutive funding for expansion of industry-leading US uranium production and completion of ‘Phase 1’ rare earth separation circuit. Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) is pleased …
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READ MOREFebruary 15, 2023
Energy Fuels Awarded Contract to Sell $18.5 Million of Uranium to U.S. Uranium Reserve
DOE program supports critical domestic clean energy & national security priorities Pending membership in DOE HALEU Consortium to support fuel for next generation advanced nuclear reactors Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), …
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READ MOREDecember 16, 2022
Energy Fuels Executes Definitive Agreement to Sell Alta Mesa ISR Project to enCore Energy for $120 Million, Facilitating the Company's Plans to Accelerate Both Uranium and Rare Earth Production
Non-dilutive sale of asset expected to materially enhance Energy Fuels’ balance sheet and help to fund the rapid advancement and expansion of near-term U.S. uranium and rare earth production Energy Fuels Inc. (NYSE American: …
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READ MORENovember 14, 2022
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