Leading U.S.-based uranium producer Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) yesterday
announced its entry into the Rare Earth Element (“REE”) sector. Per the update,
the company believes that its fully licensed and constructed White Mesa Mill
(“WMM”), which is the only uranium and vanadium mill in operation in the U.S.
today, can play a key role in bringing the REE supply chain back to the U.S.
from China. Energy Fuels Inc. will host a webcast and conference call to
discuss the move, along with its current views on the improving global uranium
market, on April 15, 2020, at 4:15 p.m. EDT. To join the webcast, please dial
1-888-664-6392 (toll free in the U.S. and Canada) or 416-764-8659. The webcast
slides can be accessed at http://ibn.fm/5yNwP.
A link to a recorded version of the proceedings will be available shortly after
the webcast by calling 1-888-390-0541 (toll free in the U.S. and Canada) or
416-764-8677 and entering the code 201052#. This recording will be available
until April 21, 2020.
To view the full press release, visit http://ibn.fm/PmtUB
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. For more information, visit the company’s website
at www.EnergyFuels.com.
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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