Energy Fuels is pleased to announce that the Federal Court of Australia has today made orders approving the proposed acquisition of Base Resourcesby Energy Fuels by way of a scheme of arrangement under Australia's Corporations Act. As previously announced on April 21, 2024, under the Scheme, Energy Fuels will acquire 100% of the issued shares of Base in consideration of the issuance by the Company of 0.026 Energy Fuels [...]
Initial Pre-Production Drilling Intercepts Showing Stronger Mineralization than Anticipated Energy Fuels Inc. , 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 uranium mine 80 miles northeast of Casper, Wyoming in the Powder River Basin is advancing as planned, with initial [...]
Energy Fuels is pleased to announce that it has achieved a major milestone toward its planned acquisition of Base Resources with the approval of the acquisition by Base shareholders at a special meeting of shareholders held in Perth, Australia on Sept 5, 2024. Further, as previously announced by Base, all required regulatory approvals for the acquisition have been obtained. Mark S. Chalmers, President and CEO of Energy [...]
Acquisition intended to enhance Energy Fuels' current capabilities and support announced plans for medical isotope development. Energy Fuels Inc. , an industry leader in uranium and rare earth elements production for the energy transition, today announces the August 16, 2024 acquisition of RadTran LLC , a private company specializing in the separation of critical radioisotopes, to further Energy Fuels' plans for [...]
Energy Fuels Inc. , an industry leader in uranium and rare earth elements production for the energy transition, today reported its financial results for the quarter ended June 30, 2024. The Company previously announced details for its upcoming August 5, 2024 earnings call, which are also included in this news release. "Energy Fuels continues to capitalize on uranium market opportunities, profitably selling an additional [...]
Conference Call and Webcast at 10:00 AM on August 5, 2024 Energy Fuels Inc. an industry leader in uranium and rare earth elements production for the energy transition, will hold a conference call on Monday, August 5, 2024, at 10:00 AM Mountain Time to discuss its financial results for the second quarter ended June 30, 2024. Financial results will be issued in a press release prior to the call. Energy Fuels Inc.'s [...]
Energy Fuels is pleased to welcome Debra Bennethum to Energy Fuels' Management Team as Director, Critical Minerals & Strategic Supply Chain. Ms. Bennethum is a chemical engineer who previously served as the EV Critical Minerals Manager in the Global Purchasing and Supply Chain Division of General Motors, and previously as the Program Purchasing Manager for GM's Battery Electric Vehicles and Crossovers division. At GM, Ms [...]
Energy Fuels Inc. , a leading U.S.-based critical minerals company, announces the results of the election of directors at its annual and special meeting of shareholders held virtually on June 11, 2024. The ten nominees proposed by management for election as directors were elected by the shareholders of the Company, through a combination of votes by proxy and electronic poll, as follows: Nominee Votes For % For Votes [...]
Energy Fuels is pleased to announce that it has achieved commercial production of separated neodymium-praseodymium at its White Mesa Mill in Utah . Critically, the NdPr produced by Energy Fuels' meets the applicable product specifications of REE metal-makers, who specialize in the manufacture of REE-based alloys required for the permanent magnets widely used for electric motors in both battery powered electric vehicles [...]
Energy Fuels has the right to invest AUD$183 million and issue $17.5 million in Energy Fuels shares to earn up to a 49% interest in the project. Of these amounts, Energy Fuels expects to issue $3.5 million in Energy Fuels shares in 2024 and to invest approximately $10.6 million in 2024 from its existing working capital, prior to making a final investment decision to proceed with the development of the firs...
Energy Fuels reported its financial results for the quarter ended March 31. The Company's Quarterly Report on Form 10-Q. Recorded Net Income of Over $3 Million: During the three months ended March 31, the Company earned net income of $3.64 million, or $0.02 per common share, including operating income of $2.02 million. Robust Balance Sheet with Over $220 million of Liquidity and No Debt: As of March 31, the Company had [...]
The acquisition will include Base Resources' 100%-owned advanced, world-class Toliara heavy mineral sands project, which includes a long-life, high-value and low cost monazite stream, produced as a byproduct of primary titanium and zirconium production. Toliara monazite production to be processed at Energy Fuels' 100%-owned White Mesa Mill into separated rare earth element oxides, at low capital and operating cost [...]
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