Energy Fuels Inc. Makes Plans to Enter Promising Rare Earth Element Space

- May 14th, 2020

Energy Fuels? White Mesa Mill unique in North America in terms of diverse capabilities, licensing flexibility U.S. government has categorized REEs as critical to national defense, designated funds for development of REE-production capabilities UUUU plans to turn existing mill into ?one-stop shop? for critical mineral processing, including REEs, uranium and vanadium, thereby reducing reliance on ChinaWith its fully …

  • Energy Fuels’ White Mesa Mill unique in North America in terms of diverse capabilities, licensing flexibility
  • U.S. government has categorized REEs as critical to national defense, designated funds for development of REE-production capabilities
  • UUUU plans to turn existing mill into “one-stop shop” for critical mineral processing, including REEs, uranium and vanadium, thereby reducing reliance on China

With its fully licensed and constructed White Mesa Mill (WMM), Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) is prepared to enter the Rare Earth Element (REE) industry. The move is in line with Energy Fuels’ strategic initiative to play a key role in bringing the REE supply chain back to the United States from China (http://nnw.fm/88lAP).

“At Energy Fuels, we pride ourselves on being the leading U.S. uranium miner,” UUUU president and CEO Mark S. Chalmers stated in…

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NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://nnw.fm/UUUU

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May 14, 2020 – 9:00 AM PDT
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