Landmark Agreement with Navajo Nation Signed
Energy Fuels and the Navajo Nation have reached a historic agreement to govern uranium ore transport on Federal and State highways crossing Navajo territory. Shipments are expected to resume in February. In addition to augmented precautions that go beyond strict USDOT requirements for transport, we are honored to assist the Nation in the clean-up of abandoned uranium mines stemming from cold war era U.S. government programs. Though Energy Fuels was not involved in those programs, the Navajo Nation continue to suffer many challenges, and we are proud to support our Navajo neighbors in such important work with safety and respect.
The Toliara Project – A World-Class Critical Mineral Project
Through our recent acquisition of Base Resources, Energy Fuels is now the owner and operator of the Toliara Project in Madagascar. We believe this to be the best critical mineral development project in the World with attractive economics and large quantities of rare earth, titanium and zirconium minerals, along with uranium.
Energy Fuels Acquires Base Resources
Learn more about the transformational acquisition of Base Resources and the opportunity it offers as we create a world-significant rare earth supply chain that connects resources in the Southern Hemisphere with a unique processing platform and facility in Utah, USA.
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Highlights
#1 in U.S. Uranium Production
2 Licensed U.S. Uranium Production Facilities
3 of the World's Top Heavy Mineral Sands Assets
Energy Fuels holds Heavy Mineral Sands assets in Madagascar, Brazil and a Joint Venture in Australia for production of zirconium and titanium, which could also provide up to 45,000 tpa of our rare earth feedstock monazite, a by-product of heavy mineral sand processing.
Rare Earths for 1 to 6 Million Electric Vehicles
Energy Fuels successfully completed its first commercial run of ‘on-spec’ NdPr oxide in its Phase 1 rare earth element circuit with capacity to produce enough material to power 1 million EV’s per year. By 2027, the Company plans to expand that capacity to power up to 6 million EVs per year.
