Curated News
By: NewsRamp Editorial Staff
May 01, 2025
Energy Fuels Reports Record Uranium Mining Rates at Pinyon Plain Mine
TLDR
- Energy Fuels reported record uranium mining rates at Pinyon Plain mine, positioning itself as the leading U.S. uranium mine.
- By extracting 4,604 tons of ore with an average grade of 1.64% eU3O8, Energy Fuels achieved record production at Pinyon Plain mine.
- Energy Fuels' increased reserves and lower costs from promising drill results contribute to a sustainable energy future with carbon-free nuclear energy production.
- Energy Fuels' record-breaking uranium mining rates and high-grade intercepts at Juniper Zone showcase advancements in sustainable energy technology.
Impact - Why it Matters
This news highlights the significant progress made by Energy Fuels in uranium extraction, potentially positioning Pinyon Plain as a leading U.S. uranium mine. The record production rates and promising drill results signal a positive outlook for the company's operations and could have long-term implications for the energy sector.
Summary
Energy Fuels (NYSE American: UUUU) (TSX: EFR) achieved record uranium mining rates at its Pinyon Plain mine in April, extracting 4,604 tons of ore with significant uranium content. Drill results from the Juniper Zone also indicated high-grade intercepts, potentially leading to increased reserves and cost reductions. CEO Mark Chalmers expressed optimism about the mine's future prospects.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Energy Fuels Reports Record Uranium Mining Rates at Pinyon Plain Mine
