Curated News
By: NewsRamp Editorial Staff
January 09, 2026

Energy Fuels' Vara Mada Project Shows $1.8B Value, 38-Year Mine Life

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TLDR

  • Energy Fuels' Vara Mada project offers investors a $1.8 billion NPV and potential for $500 million annual EBITDA, providing a significant advantage in the critical minerals market.
  • Energy Fuels' feasibility study confirms a 38-year mine life at Vara Mada, with monazite processed at White Mesa Mill to supply U.S. rare earth oxide demand.
  • Energy Fuels' project strengthens U.S. critical mineral supply chains, supporting secure domestic production of materials essential for clean energy and medical technologies.
  • Energy Fuels discovered world-class rare earth, titanium, and zircon reserves in Madagascar that could supply U.S. demand for decades through innovative processing in Utah.

Impact - Why it Matters

This news matters because it highlights a significant step toward securing U.S. and Western supply chains for critical minerals, particularly rare earth elements (REEs), which are essential for modern technologies but have been dominated by China. Energy Fuels' Vara Mada project, with its large reserves and long mine life, could help reduce dependency on foreign sources, supporting national security and economic resilience. For investors, the strong project economics—including a high net present value and potential for substantial EBITDA—signal robust growth prospects. For the broader public, this development supports the transition to clean energy and advanced manufacturing, as REEs are crucial for electric vehicles, renewable energy systems, and electronics, potentially leading to more stable prices and supply for these key industries.

Summary

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR), a leading U.S.-based critical materials company, has announced highly promising results from an updated feasibility study for its 100%-owned Vara Mada heavy mineral sands project in Madagascar. The study confirms exceptional project economics, including a post-tax net present value of approximately $1.8 billion at a 10% discount rate, which translates to about $7.30 per share. The project boasts world-class reserves and resources of rare earth elements, titanium, and zircon, with an initially modeled mine life of 38 years and potential for further expansion. The company projects that Vara Mada alone could ramp up to generating more than $500 million in annual EBITDA. A key strategic element highlighted in the study is the plan to process monazite produced at the Madagascar site through Energy Fuels' White Mesa Mill in Utah, the only fully licensed and operating conventional uranium processing facility in the United States.

This development positions Energy Fuels to become a major supplier in the critical minerals sector, specifically aiming to supply a significant portion of projected U.S. demand for both light and heavy rare earth oxides. The company's broader portfolio includes uranium production, where it has been the leading U.S. producer for several years, as well as other heavy mineral sands projects in Brazil and Australia. The news was disseminated through the InvestorBrandNetwork (IBN) and its specialized platform, Rocks & Stocks, which provides deep insights into the mining industry. For more details, readers can view the full press release. The announcement underscores Energy Fuels' role in supporting secure, U.S.-centered critical mineral supply chains, which are vital for various high-tech and clean energy applications.

Energy Fuels, headquartered near Denver, Colorado, is actively developing its heavy mineral sands projects while continuing its operations in uranium and evaluating opportunities in vanadium and medical isotopes. The Vara Mada project's robust economics and long mine life present a substantial growth opportunity for the company and its investors. This news is particularly relevant given the global push for supply chain security and the increasing demand for rare earth elements used in technologies like electric vehicles, wind turbines, and defense systems. The strategic use of the White Mesa Mill for processing further integrates the company's operations and enhances its value proposition in the North American market.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Energy Fuels' Vara Mada Project Shows $1.8B Value, 38-Year Mine Life

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