Lakewood, Colorado-based Energy Fuels (NYSE American: UUUU) (TSX: EFR) is the
largest producer of uranium in the United States, and the leading conventional
producer of vanadium, both of which have been designated by the U.S. government
as critical minerals. The company employs both conventional and in-situ
recovery (“ISR”) technology to produce uranium from its three facilities in the
U.S. The company’s White Mesa Mill in Utah uses conventional technology to
produce uranium, while its Nichols Ranch Plant in Wyoming and Alta Mesa Plant
in Texas both utilize ISR technology. Over the past 15 years, Energy Fuels’
assets have produced more than one-third of all U.S. uranium, and the company
is strategically positioned to boost production to meet new demand.
For more information, visit the company’s website at www.EnergyFuels.com.
About Energy Fuels Inc.
Energy Fuels is a leading US-based uranium mining company,
supplying U3O8 to major nuclear utilities. The company also produces vanadium
from certain of its projects, as market conditions warrant. Its corporate
offices are near Denver, Colorado, and all of its assets and employees are in
the United States. Energy Fuels holds three of America’s key uranium production
centers, the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery
(“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White
Mesa Mill is the only conventional uranium mill operating in the U.S. today,
has a licensed capacity of over 8 million pounds of U3O8 per year, and has the
ability to produce vanadium when market conditions warrant. The Nichols Ranch
ISR Project is in operation and has a licensed capacity of 2 million pounds of
U3O8 per year. The Alta Mesa ISR Project is currently on standby. In addition
to the above production facilities, Energy Fuels also has one of the largest NI
43-101 compliant uranium resource portfolios in the U.S., and several uranium
and uranium/vanadium mining projects on standby and in various stages of
permitting and development.
NOTE TO INVESTORS: The latest news and updates
relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
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