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.

TSX:EFR - Post by User

Energy Fuels Ord Shs

Bullboard Posts

Post by Peter518on Dec 18, 2007 3:10pm

220 Views

Post# 14040564

Uranium Highlights - 4Q 2007

Uranium Market:


--  The spot uranium price is US$93/lb, up 9% from US$85/lb 3 months ago
    (and up 24% from its low of US$75/lb, October 2007) and down 33% from its
    high of US$138/lb 6 months ago.
--  Forward indicators currently suggest a flat outlook for the uranium
    price of around US$90/lb to US$100/lb over the next few months.
--  Indicators currently suggest the uranium price market expectation is
    US$125/lb by September 2008.
--  Uranium fund sentiment and activity remain important factors in the
    outlook for the spot uranium price.
--  Planned and proposed new nuclear power reactors worldwide have
    increased strongly from January to October 2007. As reported by the World
    Nuclear Association (WNA), the number of planned and proposed reactors has
    increased from 222 reactors (January 29) to 316 reactors (October 17), an
    increase of 94 reactors (or 42%).
--  China has announced 116 planned and proposed new nuclear power
    reactors, up from 63 in January 2007 (an increase of 84%); and the USA is
    up from 23 in January 2007 to 32 units (up 39%)

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