Energy Fuels Ord Shs T.EFR

Alternate Symbol(s): UUUU

Metals & Mining Industrial Metals & Minerals

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

Comment by TheSlowLaneon Jan 06, 2012 5:40am

828 Views

Post# 19374958

RE: Interesting nonetheless!

I think EFR wanted the properties in the US that Titan had picked up in the merger with UPC, which are relatively close to production. So I am not surprised that they are shedding the Athabasca properties, but had expected a cash deal. On the other hand, the sector looks like it may be turning so those 10MM shares might work out well.

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