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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

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

Bullboard Posts
Post by elaelaon Feb 01, 2013 2:37pm
458 Views
Post# 20926087

Rob Chang very optimistic on EFR

Rob Chang very optimistic on EFR

Energy Fuels Inc. (EFR:TSX) is another interesting one we've touched upon in the past. It's a U.S. producer that recently had to place certain projects on standby due to the low uranium price. The key thing to note is that many of its operations are effectively turnkey and can go into production in as little as three weeks from whenever management makes that decision. So when the uranium price gets to the point where it's economic, production could increase fairly quickly. On top of that, Energy Fuels also owns a very significant strategic asset in the White Mesa mill, which is the only conventional uranium mill operating in the U.S. Additionally, smaller "mom-and-pop" uranium operations in the surrounding areas all need a mill to process their material, and Energy Fuels is the only game in town. That's a pretty powerful thing to have. 

 
This piece comes from here: 
https://www.theenergyreport.com/pub/na/14976
Bullboard Posts