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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 15, 2013 8:07am
290 Views
Post# 20838512

Positive Decision Issued on Energy Fuels

Positive Decision Issued on Energy Fuels

Positive Decision Issued on Energy Fuels' Pinon Ridge Mill

2013-01-15T09:58:10+00:00


TORONTO, ONTARIO--(Marketwire - Jan. 15, 2013) -Energy Fuels Inc. (TSX:EFR) ("Energy Fuels" or the "Company") is pleased to announce that an appointed hearing officer issued a decision confirming that the Company's Piñon Ridge Mill will continue to move forward in the State of Colorado's licensing process. An administrative hearing for the Piñon Ridge Mill took place between November 7, 2012 and November 12, 2012 in Nucla, Colorado (as ordered by Denver District Court in June 2012) for the purpose of augmenting the administrative record that the Colorado Department of Public Health and Environment ("CDPHE") will consider in deciding whether to reissue a new license for the Piñon Ridge Mill.

Judge Richard Dana, who presided over the administrative hearing, concluded in his January 14, 2013 decision that the hearing fully satisfied the requirements of Colorado law and that CDPHE must consider any new evidence presented at the hearing. It is the Company's belief that little new evidence was presented. As this hearing was an intermediate procedural step in the re-licensing process of the Piñon Ridge Mill, the judge made no recommendations regarding the approval or denial of the license. CDPHE is now required to issue a new license decision by April 27, 2013.

About Energy Fuels: Energy Fuels is America's largest conventional uranium producer, supplying approximately 25% of the uranium produced in the U.S., and is also a significant producer of vanadium. The company operates the White Mesa Mill, which is the only conventional uranium mill currently operating in the U.S., capable of processing 2,000 tons per day of uranium ore. Energy Fuels has projects located throughout the Western U.S., including producing mines and mineral properties in various stages of permitting and development.

https://www.canadianminingjournal.com/press-releases/story.aspx?id=1001989516

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