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Energy Fuels is incredibly proud to welcome Base Resources to our corporate family. Through this recent acquisition, Energy Fuels now operates the Kwale Project in Kenya, and is developing the world-class Toliara Project in Madagascar, which is among the best undeveloped critical mineral projects in the World. Upon commencement of production, Toliara will produce titanium and zirconium minerals for global markets and provide Energy Fuels with minerals that the Company will process into advanced rare earth materials at its existing facility in the U.S.
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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.
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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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#1 in U.S. Uranium Production
Energy Fuels has produced two-thirds (2/3) of all uranium in the U.S. since 2017, and we are increasing our production further.
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2 Licensed U.S. Uranium Production Facilities
Energy Fuels holds two uranium processing facilities, including the only conventional uranium mill in the U.S. and a low-cost ISR facility.
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10+ Million Lbs. of Uranium Capacity
Energy Fuels has more licensed and operational uranium production capacity than any other U.S. miner.
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Rare Earths for 1 to 4 Million Electric Vehicles
In Q1-2024, Energy Fuels will have the capacity to produce enough NdPr oxide to power 1 million EV’s per year. By 2027, the Company plans to expand that capacity to power up to 4 million EVs per year.
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81+ Million Lbs. of M&I Uranium Resources
Energy Fuels holds more in-ground uranium resources than any other US producer. View our resource summary for additional information on grade and tonnage.
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31+ Million Lbs. of M&I Vanadium Resources
Energy Fuels holds more in-ground vanadium resources than any other US producer, and the only conventional vanadium mill in the U.S. View our resource summary for additional information on grade and tonnage.
Energy Fuels is the only conventional uranium producer in America. We take great pride in our uranium mining, as well as owning and operating a mill, and conventional mines that can produce up to 8 million pounds of uranium per year. This uranium is critical to powering the nuclear energy facilities that are America’s largest source of clean energy. We have the capability to increase production at those operations faster – and on a greater scale – than our peers as uranium prices rise in the coming years.
Our primary goal is to become the dominant producer of U.S. uranium in the world. We became the #1 uranium producer in the U.S. in 2017. We also hold more production capacity than any other U.S. company and have the largest NI 43-101 uranium resource base in the country. These assets provide Energy Fuels with the tools we need to accomplish our goal and become a major uranium producer on a global scale.
Energy Fuels is also seeking to participate in Environmental Protection Agency cleanups of abandoned uranium mines and other sites that contain natural uranium. We offer a variety of uranium mine, environmental and other cleanup and recycling services.
In 2018, Energy Fuels became the only primary vanadium producer in North America. Vanadium is mainly in steel and high-strength alloys, and can support the clean energy industry as a component in large-scale batteries for storing electricity generated from wind and solar.
Energy Fuels is a leading uranium mining company in the United States. They provide nuclear fuel for power plants in the US and around the world. Energy Fuels operates several uranium mines in Colorado, Utah, and Wyoming. They also have a state-of-the-art milling facility that processes the uranium ore. With their experience and expertise, Energy Fuels is a leader in the uranium mining industry.