Energy Fuels Ord Shs T.EFR

Alternate Symbol(s): UUUU

Energy

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.

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Energy Fuels Ord Shs

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Comment by loparnon Apr 26, 2007 4:34am

460 Views

Post# 12677248

RE: Wall Street Puts Energy Behind Uranium

The same uranium spot price procedure will continue, but the future market up to 3 years with "paper uranium contracts", probably will influence the direction the spot price will take to SOME degree. For example if all the futures are traded at a higher price than the spot price of USD 113 now, some end user buyers of uranium might get nervous - thus rasing there bids, and vice versa !

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