BillionDollarBreaks – Energy Fuels Inc.’s (NYSE American: UUUU) (TSX: EFR) White Mesa Mill ‘Meets Definition of Domestic Clean-Energy Infrastructure’

Company: Energy Fuels Inc. (UUUU)
Category: Stock Spotlights

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is a leading U.S.-based producer of uranium and vanadium and an emerging producer of rare earth elements (“REE”) products. “After concerns surfaced about the impact a Utah uranium mill [Energy Fuel’s White Mesa Mill] might have on the surrounding water sources, an op-ed piece in the Denver Post reported that there is ‘no evidence that implies the tailings cells are leaking or contaminating groundwater.’ That assessment aligns with what Energy Fuels has said all along; safety and environmental protection are top priorities for the company,” a recent article reads. The piece contains excerpts from the op-ed authored by metallurgical and materials engineer Corby G. Anderson. “The Mill meets the definition of domestic clean-energy infrastructure,” Anderson concludes. “It responsibly produces uranium, vanadium and rare earth materials more advanced than any other company in the U.S., containing elements needed for EVs, wind energy and carbon-free energy… With a comprehensive environmental program overseen by meticulous state and federal regulators, including more than 80 air and groundwater monitoring locations, I see no indication or evidence that the Mill is adversely impacting groundwater or drinking water. There is zero evidence of excess radon or other air emissions.”

To view the full article, visit https://ibn.fm/ORjNs

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to full commercial-scale production of RE Carbonate. Its corporate offices are in Lakewood, Colorado, near Denver, and all 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 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, as well as RE Carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest S-K 1300 and 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. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol UUUU, and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol EFR. 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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