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 Peter518on Aug 30, 2007 9:23am

225 Views

Post# 13321291

RE: Wake Up!

It seems that the Chinese have learnt their lessons from acting too slowly to build their strategic oil reserves. This time they act fast in building the strategic uranium reserves before a large amount of uranium is demanded in the future. This is a strategy called "prepare an umbrella before it rains". Great move. Peter

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