Energy Fuels

Denver-based, Energy Fuels is a global critical mineral company poised to provide 10 of the 50 critical minerals the world needs for today’s technology and beyond. Utilizing a 45-year history in uranium, we leverage our expertise, permits and facilities to bring key elements to the global supply chain.

We are currently the largest U.S. uranium provider, supplying American nuclear energy utilities with the first step in the zero-emissions nuclear energy fuel cycle. We also produce rare earth oxides, processing at our facility in the U.S. and are adding new products like titanium, zircon minerals and medical isotopes.

Please watch this video to learn how Energy Fuels is standing-up a ‘one-of-its kind’ U.S. critical mineral supply chain, focused on uranium, rare earth elements, medical isotopes, and vanadium production at our existing facility in Utah, USA. We are securing our own low-cost supply chain of rare earth minerals, maintaining our U.S.-leading uranium production, and rapidly emerging as a major global supplier of titanium and zirconium minerals, all while upholding the highest global mining standards.

Energy Fuels’ White Mesa Mill is becoming the nation’s clean energy hub, where certain critical materials needed for clean, reliable energy are produced. This includes uranium, rare earth elements, and vanadium. We recently hosted a special open house event where over 200 people learned about the products, the processes, and the people who are making our world a better place. Learn more.

Creating a full mine-to-magnet REE supply chain, the transaction brings together Energy Fuels’ upstream REE assets, including low-cost REE mining projects and existing separation capacity, with VAC’s world-class downstream REE magnet manufacturing expertise. The combined company aims to serve customers across North America, Europe and Asia in high-growth sectors, including automotive, aerospace and defense, robotics, data centers, electronics and industrial automation.

We are adding another building block in our rare earth supply chain vertical integrations plans with the proposed acquisition of Australian Strategic Materials Limited (ASM) , which brings direct metallization and alloying capabilities to the company. With this addition, Energy Fuels takes another step to create the largest fully-integrated rare earth “mine-to-metal &alloy” production outside of China, addressing crucial supply chain needs for industries such as automotive, robotics, energy, and defense.

Through our recent acquisition of Base Resources, Energy Fuels is now the owner and operator of the Vara Mada (formerly known as 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.

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.

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.