Curated News
By: NewsRamp Editorial Staff
April 17, 2025
Energy Fuels Positioned as Strategic Domestic Supplier of Rare Earth Oxides Amid New Chinese Export Controls
TLDR
- Energy Fuels can produce rare earth oxides affected by Chinese export controls, becoming a strategic domestic supplier, gaining advantage in critical mineral processing.
- Energy Fuels' breakthrough in producing rare earth oxides positions White Mesa Mill in Utah as a key U.S. supplier, supported by established infrastructure and proven capacity.
- Energy Fuels' capability to support U.S. supply chain resilience and fill critical mineral processing gaps contributes to national security and sustainable resource independence.
- Energy Fuels' breakthrough in rare earth oxide production showcases innovative solutions for domestic supply chain security and strategic resource management.
Impact - Why it Matters
This news matters as it highlights Energy Fuels' ability to produce rare earth oxides critical for various industries, positioning the company as a key player in supporting U.S. supply chain resilience. The breakthrough comes in the context of a national security investigation into critical mineral imports, emphasizing the importance of domestic production for strategic minerals.
Summary
Energy Fuels (NYSE American: UUUU) (TSX: EFR) has announced it can now produce six of the seven rare earth oxides affected by new Chinese export controls, positioning its White Mesa Mill in Utah as a strategic domestic supplier. The breakthrough coincides with an April 15 executive order from President Trump directing a national security investigation into critical mineral imports. Energy Fuels believes its established infrastructure and proven production capacity uniquely qualify the Company to support U.S. supply chain resilience and fill key gaps in critical mineral processing.
About Energy Fuels Inc. Energy Fuels is a leading U.S.-based critical minerals company, focused on uranium, rare earth elements (“REEs”), heavy mineral sands (“HMS”), vanadium and medical isotopes. The company has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities that process it further for the production of carbon-free nuclear energy, and owns and operates several conventional and in siturecovery uranium projects in the western United States. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States. At the mill, the company also produces advanced REE products and vanadium oxide (when market conditions warrant), and is preparing to begin pilot-scale recovery of certain medical isotopes from existing uranium process streams needed for emerging cancer treatments. The company also owns the operating Kwale HMS project in Kenya, which is nearing the end of its life, and 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 Energy Fuels has the right to earn up to a 49% interest in a joint venture with Astron Corporation Limited. The company is based in Lakewood, Colorado, with its heavy-mineral sands operations managed from Perth, Australia. For more information, visit the company’s website at www.EnergyFuels.com.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Energy Fuels Positioned as Strategic Domestic Supplier of Rare Earth Oxides Amid New Chinese Export Controls
