About Energy Fuels Inc Ordinary Shares (Canada) (UUUU)
Energy Fuels Inc. is a leading uranium and rare earth elements mining company committed to providing sustainable energy solutions. The company focuses on the extraction and production of uranium, primarily for the nuclear power industry, while also exploring opportunities in the extraction of rare earth elements, which are vital for advanced technologies and renewable energy applications. With operations and projects located primarily in the United States, Energy Fuels aims to support the transition to clean energy through its environmentally conscious mining practices and commitment to minimizing its carbon footprint. Read More
Energy Fuels rallied on nuclear-focused comments from the Energy Secretary and more chatter about the government investing in critical mining companies.
IAEA raises nuclear power projections, citing global consensus on its importance for clean and reliable energy. US seeks to boost domestic uranium supply.
Cameco and Uranium Energy Corp. shares are tending on Tuesday, following U.S. Energy Secretary Chris Wright's comments on expanding the nation's uranium reserve and reducing reliance on Russian fuel.
Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements and other critical minerals, announced that high-purity neodymium-praseodymium (NdPr) oxide from its White Mesa Mill in Utah has been successfully manufactured into commercial-scale rare earth permanent magnets (REPMs) by South Korea’s largest drive unit motor core producer. The REPMs passed all QA/QC benchmarks for use in EV drive units sold to major automakers worldwide. This milestone establishes a U.S.-based “mine-to-magnet” supply chain independent of China, with Energy Fuels’ NdPr oxide validated for high-temperature drive units expected in EVs and hybrids within months. CEO Mark Chalmers said the achievement demonstrates Energy Fuels’ ability to deliver commercial-grade rare earth materials, with plans to add heavy rare earth oxide capacity at White Mesa in 2026.
Under the collaboration, Energy Fuels will supply initial quantities of high-purity "light" and "heavy" separated rare earth oxides to Vulcan in the fourth quarter of 2025.
Energy Fuels (NYSE American: UUUU) (TSX: EFR), a U.S. producer of rare earth element oxides, and Vulcan Elements, a U.S. manufacturer of rare earth permanent magnets, announced the signing of a Memorandum of Understanding (MOU) to establish a resilient domestic supply chain for rare earth magnets independent of China. Rare earth magnets are critical to commercial and defense applications, including satellites, robotics, AI data centers, semiconductor fabrication, drones, defense systems, electric vehicles, consumer electronics, industrial motors and power tools.
The financial markets are currently navigating a complex tapestry of corporate performance and strategic shifts, with recent announcements from Intuit, Intel, and Energy Fuels sending distinct signals across their respective sectors. While Intuit's (NASDAQ: INTU) conservative outlook has cast a shadow over the fintech space, Intel's (NASDAQ: INTC) significant government
