Bullboard - Stock Discussion Forum 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... see more

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Energy Fuels Ord Shs > Energy Fuels Advancing Work to Prepare for Restart

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Post by Betteryear2 on Sep 11, 2024 8:52am

Energy Fuels Advancing Work to Prepare for Restart

Initial Pre-Production Drilling Intercepts Showing Stronger Mineralization than Anticipated

DENVER, Sept. 11, 2024 /PRNewswire/ - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), ("Energy Fuels", "EFR" or the "Company") an industry leader in uranium and rare earth elements production for the energy transition, today announced that its work to prepare for the restart of its Nichols Ranch in-situ recovery ("ISR") uranium mine 80 miles northeast of Casper, Wyoming in the Powder River Basin is advancing as planned, with initial pre-production drilling intercepts showing stronger mineralization than anticipated. The Company currently expects that the development of the remainder of its permitted Production Area 2 ("PA2") could be ready to commence production as early as July 1, 2025, with the start date based on market conditions.

Energy Fuels Advancing Work to Prepare for Restart at Nichols Ranch Uranium Project in Wyoming (prnewswire.com)