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Thursday, May 18, 2023 by Christoph.Schmid|Comment 0
within category Energy Fuels,EFR,Energy Transition,Uranium,REE

Energy Fuels was intially set-up to explore Uranium. Today, it is best known as a leading US uranium company that supplies uranium products to major nuclear utilities. The company holds three key US-based uranium production centers: the White Mesa mill in Utah (the only conventional uranium mill operating in the country today), and the Nichols Ranch and Alta Mesa in-situ recovery projects in Wyoming and Texas, respectively.

Understanding the importance of REEs for a green energy future, Energy Fuels has been building out its REE production capabilities. In mid-November 2022, it announced plans to sell its Alta Mesa project to enCore Energy for US$120 million. The money will finance Energy Fuels’ uranium, REE, vanadium and medical isotope business plans for the next few years.
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