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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

Energy Fuels Inc. is a critical minerals company focused on uranium, rare earth elements (REEs), heavy mineral sands (HMS), vanadium and medical isotopes. The Company is a producer of natural uranium concentrate, which owns and operates several conventional and in situ recovery uranium projects in the western United States. The Company also owns the White Mesa Mill in Utah, which is the fully licensed and operating conventional uranium processing facility in the United States. The Company also owns the operating Kwale HMS project in Kenya. It is developing three additional HMS projects, including the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia, in which the Company has the right to earn up to approximately 49% interest in a joint venture with Astron Corporation Limited. The Toliara Project is located in south-west Madagascar, 45 kilometers (kms) north of the regional town and port of Toliara.


TSX:EFR - Post by User

Bullboard Posts
Post by tsrimuangon Feb 01, 2007 6:50pm
306 Views
Post# 12144812

Thai govt considering a nuclear plant

Thai govt considering a nuclear plantThe Thai government is considering building a nuclear power plant within the next 15 years, as an alternative source of power, Energy Minister Piyasvasti Amranand said yesterday. Many countries had nuclear-powered electricity plants, especially Asia nations such as Japan, China and South Korea, while Vietnam was studying the possibility, Piyasvasti said. "Thailand uses natural gas for 70 per cent of its needs, and if we don't use other types of energy, that will reach 90 per cent in future," he said. He said depending too much on any one particular type of energy could put the country at the mercy of energy exporters. Meanwhile, changes to the price structure for liquefied petroleum gas (LPG) would be carried out this year, he said. A public hearing will be held next Wednesday on the government's new power-development plan (PDP), and one of the topics will be alternative energies. Piyasvasti said the ministry would heed all parties' opinions in the plan, which will be put to the government by the end of this month. The plan will then be used to invite the private sector to bid for the government's independent-power-producer programme late next month and in April. On February 2, the ministry will ask the National Energy Policy Council for its approval to amend related laws and the initial PDP concept, he said. And next Monday, the ministry will propose to the Energy Policy and Planning Office (EPPO) that a new pricing formula for ethanol and biodiesel be more closely linked to world market prices. Ethanol would follow Brazil's pricing strategy plus transport and insurance fees, while biodiesel would follow pricing for raw palm oil. In regard to the plan to float the LPG price, which is currently lower than in other countries in the region, Piyasvasti said the EPPO was studying the pros and cons of three options for the ministry to make a decision on later this year. The options were a price adjustment without "floating", a full floating and a semi-floating structure. The ministry would mix the B100-formula biodiesel into all diesel oil at 5 per cent by 2011. Thus, Thailand would have no "normal" diesel available after that, he said. Meanwhile, gasohol would still be sold along with normal diesel oils, pending an expansion of ethanol production, he said. Piyasvasti said the ministry would this year pay off debts totalling Bt39 billion from the previous government's measures to keep oil prices low.
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