Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company that supplies U3O8 to major nuclear utilities, is ideally positioned to make the most of the anticipated growth in the nuclear energy sector. The World Nuclear Association’s Annual Nuclear Fuel Report projects that the demand for uranium fuel will increase over the next two decades. Nuclear power is expected to play an increasingly important role in the future because of its near-zero emissions of carbon dioxide and other pollutants, its on-demand, reliable and secure nature, and its long-term cost competitiveness. Energy Fuels holds three of America’s key uranium production centers. The company is also producing rare earth elements, opening up a new line of business with the potential to drive significant cash flow in the coming years. “Energy Fuels also owns and operates the Alta Mesa ISR Project in Texas, which is on standby and has a licensed capacity of 1.5 million pounds of U308 per year,” reads a recent article. “In addition, Energy Fuels has one of the nation’s largest NI 43-101 compliant uranium resource portfolios and several uranium and uranium/vanadium mining projects on standby.”
To view the full article, visit https://ibn.fm/y1QoG
About Energy Fuels Inc.
Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to commercial-scale production of REE carbonate. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States . Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year and has the ability to produce vanadium when market conditions warrant, as well as REE carbonate and uranium from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol UUUU, and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol EFR. For more information, visit the company’s website at www.EnergyFuels.com.
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
About Green Energy Stocks
Green Energy Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Energy Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)
For more information, please visit https://www.greennrgstocks.com
Green Energy Stocks
Los Angeles, CA
Green Energy Stocks is part of the InvestorBrandNetwork.