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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

Comment by Stratocheifon Jul 18, 2021 11:03am
247 Views
Post# 33566700

RE:RE:It Looks Like This Company Has A Great Future

RE:RE:It Looks Like This Company Has A Great FutureI know recently the US government has been interested in securing rare earth supplies. And have taken some actions. They gave a ton of money to Lynas to develop rare earth facilities in the US. EFR got nothing so they are basically winging it on thier own. Will it pan out? I think the main concern the US has is reducing reliance on Chinese supplies. Thats what led to the bankrupty of Molycorp..they couldnt compete with the Chinese. But aside from China personally i dont think the US gives a darn if the rare earths come ftom home grown supliers or fron a multitude of other countries that are long standing secure allies like canada, australia, certain european countries etc. So i dont see efr being on some kinda unshakeable foundation here. They are gomna have to compete with a lot of others around the world
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