Energy Fuels (NYSE American: UUUU) (TSX: EFR) a leading U.S. producer of uranium and rare earth elements, announced record May production from its high-grade Pinyon Plain mine in Arizona, with 258,745 pounds of U₃O₈ extracted—up 71% from April. The company also filed an updated Technical Report for its Bullfrog Project in Utah, increasing Indicated and Inferred uranium resources by 15% and 70%, respectively, and disclosing first-time project economics with a 15-year mine life. Concurrently, Energy Fuels is expediting permitting on its Roca Honda project in New Mexico—now added to the federal FAST-41 dashboard—and has resumed activity on its EZ Complex in Arizona. These efforts align with recent Executive Orders from President Trump to strengthen the domestic nuclear fuel industry.
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About Energy Fuels Inc.
Energy Fuels is a leading U.S.-based critical minerals company, focused on uranium, rare earth elements (“REEs”), heavy mineral sands (“HMS”), vanadium and medical isotopes. The company has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities that process it further for the production of carbon-free nuclear energy, and owns and operates several conventional and in siturecovery uranium projects in the western United States. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States. At the mill, the company also produces advanced REE products and vanadium oxide (when market conditions warrant), and is preparing to begin pilot-scale recovery of certain medical isotopes from existing uranium process streams needed for emerging cancer treatments. The company also owns the operating Kwale HMS project in Kenya, which is nearing the end of its life, and is developing three additional HMS projects, including the Toliara Project in Madagascar, the Bahia Project in Brazil and the Donald Project in Australia, in which Energy Fuels has the right to earn up to a 49% interest in a joint venture with Astron Corporation Limited. The company is based in Lakewood, Colorado, with its heavy-mineral sands operations managed from Perth, Australia. For more information, visit the company’s website at www.EnergyFuels.com.
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
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