Energy Fuels Reports 2025 Breakout Year, CEO Transition, and Strong Finances

Energy Fuels Inc., a leading U.S.-based critical minerals company, has declared 2025 a "breakout year" in its latest financial and operational report. The company, which trades on the NYSE American under the symbol UUUU and on the Toronto Stock Exchange as EFR, exceeded its uranium production, mining, and sales guidance while simultaneously lowering unit costs. Key players include outgoing President and CEO Mark Chalmers, who is retiring, and incoming President Ross Bhappu, who is expected to succeed Chalmers as CEO on April 15, 2026, with Chalmers continuing as a consultant. The company also made significant strides in advancing its rare earth processing and vertical integration initiatives, solidifying its role in the critical minerals supply chain.

Financially, Energy Fuels reported a net loss of $86.1 million, or $0.38 per share, for the year ended December 31, 2025, compared to a net loss of $47.8 million, or $0.28 per share, in 2024. This loss was attributed to higher operating, exploration, and development costs, coupled with lower average uranium spot prices. Despite the reported loss, the company strengthened its balance sheet considerably, ending the year with $927.4 million in working capital, which includes $797.1 million in marketable securities. A major contributor to this robust financial position was the completion of a substantial $700 million convertible senior notes offering in October 2025, providing significant capital for future growth and operations.

The company's operations are central to the U.S. critical minerals strategy. Energy Fuels owns and operates the White Mesa Mill in Utah, the nation's only fully licensed and operating conventional uranium processing facility. Here, it produces uranium concentrate for carbon-free nuclear energy and is expanding into advanced rare earth element products, vanadium oxide, and is evaluating the recovery of medical isotopes for cancer treatments. The company is also developing an international portfolio through projects like the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia. For more detailed information, stakeholders are directed to the full press release available via the provided hyperlink. The news was disseminated through the Investor Brand Network's specialized platform, Rocks & Stocks, which is part of its Dynamic Brand Portfolio, ensuring wide distribution to investors and the public.