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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Post by facts1234on Nov 08, 2017 8:50pm

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Post# 26929777

Great news from Cameco

CAMECO TO SUSPEND PRODUCTION FROM MCARTHUR RIVER AND KEY LAKE OPERATIONS....this is about 12.5 million lbs of uranium that will be removed from the market.

IMHO i believe this will speed up the recovery in the uranium price and this is GREAT news for EFR as they are well positioned to bring uranium to the market when the price turns.
If Kazakhstan reduces their output then U price will move even quicker.

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