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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

Energy Fuels Inc. is a critical minerals company. The Company is a producer of uranium in the United States. It mines uranium and produces natural uranium concentrates that are sold to nuclear utilities to produce carbon-free nuclear energy. The Company is engaged in the production of advanced rare earth elements (REE) materials, including mixed REE carbonate. It also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. The Company holds two uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (ISR) Project in Wyoming. The White Mesa Mill is a conventional uranium mill operating in the US, and has a licensed capacity of over 8 million pounds of triuranium octoxide (U3O8) per year. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. It also has the Bahia Project in Brazil.


TSX:EFR - Post by User

Bullboard Posts
Post by SimplyTheFactson Jan 09, 2013 11:11pm
331 Views
Post# 20818520

Virginia panel recommends bill on Uranium

Virginia panel recommends bill on Uranium

Virginia panel recommends bill on uranium mining for 2013 General Assembly

"... Sen. John C. Watkins (R-Midlothian) said he expects to submit legislation to lift the ban as early as next week. His proposal would apply only to the proposed mining site in south-central Virginia owned by Virginia Uranium.

“This isolates it to Coles Hill,” said Watkins, whose legislation would not seek to lift the ban statewide. “I want the bill to pass. If there were other entities that were doing research and development in other places in the state . . . I don’t know of any.”

Virginia Uranium spokesman Patrick Wales, who spoke at the commission’s hearing on Monday, called the vote “a big step forward for our project.”..."

Interesting times, but come to think of it, don't you think a seasoned managemnet team such as the one on EFR would not have given Virginia Uranium any money, unless they were assured that the ban would be lifted? Just my guess... We shall see if the legislature lifts the ban shortly...

Simply

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