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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

Comment by Stratocheifon Jul 18, 2021 11:03am
202 Views
Post# 33566700

RE:RE:It Looks Like This Company Has A Great Future

RE:RE:It Looks Like This Company Has A Great FutureI know recently the US government has been interested in securing rare earth supplies. And have taken some actions. They gave a ton of money to Lynas to develop rare earth facilities in the US. EFR got nothing so they are basically winging it on thier own. Will it pan out? I think the main concern the US has is reducing reliance on Chinese supplies. Thats what led to the bankrupty of Molycorp..they couldnt compete with the Chinese. But aside from China personally i dont think the US gives a darn if the rare earths come ftom home grown supliers or fron a multitude of other countries that are long standing secure allies like canada, australia, certain european countries etc. So i dont see efr being on some kinda unshakeable foundation here. They are gomna have to compete with a lot of others around the world
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