InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases Q3 2023 Financial Report, Corporate Updates

November 06, 2023 at 09:49 AM EST

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based critical minerals company, is reporting on its financial reports and corporate updates for third quarter 2023, the period ended Sept. 30, 2023. According to the report, the company is seeing net income, a continued significant increase in working capital, profitable uranium sales, and continued progress on the development of its uranium mines and rare earth separation capabilities. The company has also scheduled a conference call and webcast; that call will be today at 4 p.m. ET. During the call, management will discuss the Q3 2023 financial results as well as the outlook for the remainder of 2023 and the company’s uranium, rare earths, vanadium, and medical isotopes initiatives. Those interested in accessing the call can join instantly using RAPIDCONNECT, or they can dial 1-888-664-6392 and an operator will connect them to the call. In addition, a replay of the call will be available until Nov. 20, 2023, by dialing 1-888-390-0541 or 416-764-8677 and entering the replay code 368182#.

“Energy Fuels continued to make excellent progress during Q3 2023 in creating a U.S. critical mineral hub for the production of uranium, rare earth elements, vanadium and potentially radioisotopes for the development of medical isotopes,” said Energy Fuels president and CEO Mark S. Chalmers in the press release. “Energy Fuels has been the largest producer of uranium in the U.S. for the past several years, and we are commercially producing the most advanced rare earth materials in the U.S. while moving further down the rare earth supply chain. . . Energy Fuels’ business strategy and execution sits at an intersection of rapidly growing commodity markets, critical to the clean energy transition. And, as a U.S. company, we offer customers security of supply and insulation from geopolitical turmoil. We plan to continue to leverage these unique advantages to the benefit of our shareholders as we rapidly advance our plans.”

To join the call through RAPIDCONNECT, visit https://ibn.fm/uQzSL

To view the webcast, visit https://ibn.fm/AdIGI

To view the full press release, visit https://ibn.fm/nSouO

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based critical minerals company. As the leading producer of uranium in the United States, Energy Fuels mines uranium and produces natural uranium concentrates that are sold to major nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels recently began production of advanced rare earth element (“REE”) materials, including mixed REE carbonate, and plans to produce commercial quantities of separated REE oxides in the future. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. Its corporate offices are in Lakewood, Colorado, and substantially all its assets and employees are in the United States. Energy Fuels holds two of America’s key uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (“ISR”) project in Wyoming. The White Mesa Mill is the only conventional uranium mill operating in the country today, has a licensed capacity of more than 8 million pounds of U3O8per year, and has the ability to produce vanadium when market conditions warrant, as well as REE products, from various uranium-bearing ores. The Nichols Ranch ISR project is on standby and has a licensed capacity of 2 million pounds of U3O8per year. The company recently acquired the Bahia Project in Brazil, which is believed to have significant quantities of titanium (ilmenite and rutile), zirconium (zircon) and REE (monazite) minerals. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101-compliant uranium resource portfolios in the United States and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. 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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InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases Q3 2023 Financial Report, Corporate Updates

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