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NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Uniquely Positioned to Meet Uranium Demand in US

Company: Energy Fuels Inc. (UUUU)
Category: Stock Spotlights

Lakewood, Colorado-based Energy Fuels (NYSE American: UUUU) (TSX: EFR) is the largest producer of uranium in the United States, and the leading conventional producer of vanadium, both of which have been designated by the U.S. government as critical minerals. The company employs both conventional and in-situ recovery (“ISR”) technology to produce uranium from its three facilities in the U.S. The company’s White Mesa Mill in Utah uses conventional technology to produce uranium, while its Nichols Ranch Plant in Wyoming and Alta Mesa Plant in Texas both utilize ISR technology. Over the past 15 years, Energy Fuels’ assets have produced more than one-third of all U.S. uranium, and the company is strategically positioned to boost production to meet new demand.

For more information, visit the company’s website at www.EnergyFuels.com.

About Energy Fuels Inc.

Energy Fuels is a leading US-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant. Its corporate offices are near Denver, Colorado, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers, the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant. The Nichols Ranch ISR Project is in operation and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is currently on standby. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S., and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://nnw.fm/UUUU

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