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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
Comment by reeJoeyon Jun 07, 2020 8:12pm
193 Views
Post# 31122499

RE:40 new Reactors coming on line by 2023

RE:40 new Reactors coming on line by 2023Much more bullish than just 50 rectors coming on line by 2023.  The reality is far brighter--going to be waaay more reactors than the world's 440 operating reactors.

"Over 100 power reactors with a total gross capacity of about 120,000 MWe are on order or planned, and over 300 more are proposed. Most reactors currently planned are in the Asian region, with fast-growing economies and rapidly-rising electricity demand."

100 + 300 = 400.    Reactors ordered, planned and proposed totals 400.  There now are 440 reactors on line, so the number will be nearly doubling as the green power push intensifies.  Plenty of demand for uranium going forward.
Bullboard Posts