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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 ckwongon Jan 18, 2022 8:04pm
104 Views
Post# 34330975

RE:RE:RE:Stock Price hammered

RE:RE:RE:Stock Price hammeredEFR is not just uranium. It involves rare earth. As China using rare earth to blackmail the West, EFR will be benefited. Uranium reactor, has mega size for big city that requires huge investment. You may know the micro reactor that does not require huge up front capital but the market still maintain the tie. When US market tanks, uranium stock goes down beause the capital market shrinks. No new reactor, no demand. If Biden's build America bill passed, uranium stock will have better time. What happens now is a correction for the decade bull market triggered by whatever excuse. If the market collapse, Powell has to fix something worse than inflation. Let see what happens to the rest of the week.
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