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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 silverbaron May 01, 2007 2:57pm
433 Views
Post# 12705676

response from Energy Fuels

response from Energy FuelsHere is the response from Energy Fuels about my concern about permits. The Whirlwind mine is on public land managed by the US Bureau of Land Management (BLM), but the impacts are not great because in general, underground mines do not disturb much surface area and this specific mine is located in an area that has already been extensively disturbed by historic mining activities. We expect that the BLM can approve the project with an Environmental Assessment (EA) rather than an Environment Impact Statement. We will submit our Whirlwind permit application in mid to late June and the EA process can start at that time. A six to nine month EA process is typical. The Energy Queen Mine in Utah is on private land so we will only need state and local permits for that project. There is very limited public participation in permitting on private land, so permit approvals can typically be acquired in 3 to 6 months after submittal of the applications.
Bullboard Posts