Energy Fuels Hits Uranium Output Target in 6 Months, Expands Into Rare Earths – IPO Edge

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Energy Fuels Hits Uranium Output Target in 6 Months, Expands Into Rare Earths

IPO Edge

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Editorial

Energy Fuels Hits Uranium Output Target in 6 Months, Expands Into Rare Earths

by IPO Edge

18 hours ago

50 second read

By Karen Roman

Energy Fuels Inc. (NYSE: UUUU) said it expects 1.6 million pounds of concentrated uranium in the first half of the year, within the company’s full year guidance of 1.5 to 2.5 million pounds.

The company said it is also working on its rare earth expansion at the White Mesa Mill in Utah to diversify production beyond uranium and strengthen its position at the growing critical minerals market.

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“Energy Fuels remains focused on disciplined execution across our uranium, rare earth and mineral sand businesses,” said Ross Bhappu, Energy Fuels President and CEO. “Our uranium segment continues to differentiate Energy Fuels as the clear leading U.S. uranium producer through our strong operating performance, production and costs.”