NetworkNewsBreaks – Energy Fuels Inc. (NYSE: UUU
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Posted On: 05/04/2020 4:30:26 PM
NetworkNewsBreaks – Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) Releases Q1-2020 Results
Energy Fuels (NYSE: UUUU) (TSX: EFR) on Friday reported its financial results for the quarter ended March 31, 2020. According to the update, the Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC”) and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR”) at www.sec.gov/edgar.shtml, on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com and on the Company’s website. “Energy Fuels continued to be the clear leader in the U.S. uranium space during Q1-2020. We received excellent news from the U.S. government in February when President Trump published his Budget for fiscal year 2021, which seeks appropriations totaling $1.5 billion over the next 10 years to create a new strategic U.S. uranium reserve,” Energy Fuels’ President and CEO Mark S. Chalmers stated in the news release. “Then, on April 23, 2020, the long-awaited report of the Nuclear Fuel Working Group was released, which demonstrated the U.S. government’s strong commitment to restoring U.S. nuclear energy leadership and reviving and strengthening the U.S. uranium mining industry. Energy Fuels has taken the leading role in obtaining the U.S. government’s support for U.S. uranium miners, spending more time and money on this initiative than any other U.S. uranium miner. And, this makes sense, since we have been the largest U.S. uranium producer since 2017, our assets have produced 34% of all U.S. uranium since 2006, and we have more proven facilities, more permitted resources, and more production capacity than any other U.S. miner. We believe that Energy Fuels should be a major beneficiary of any U.S. government support for the industry. We look forward to working with the U.S. government to ensure their initiatives to support domestic uranium production are successful and taxpayer dollars are spent wisely.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Energy Fuels (NYSE: UUUU) (TSX: EFR) on Friday reported its financial results for the quarter ended March 31, 2020. According to the update, the Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC”) and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR”) at www.sec.gov/edgar.shtml, on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com and on the Company’s website. “Energy Fuels continued to be the clear leader in the U.S. uranium space during Q1-2020. We received excellent news from the U.S. government in February when President Trump published his Budget for fiscal year 2021, which seeks appropriations totaling $1.5 billion over the next 10 years to create a new strategic U.S. uranium reserve,” Energy Fuels’ President and CEO Mark S. Chalmers stated in the news release. “Then, on April 23, 2020, the long-awaited report of the Nuclear Fuel Working Group was released, which demonstrated the U.S. government’s strong commitment to restoring U.S. nuclear energy leadership and reviving and strengthening the U.S. uranium mining industry. Energy Fuels has taken the leading role in obtaining the U.S. government’s support for U.S. uranium miners, spending more time and money on this initiative than any other U.S. uranium miner. And, this makes sense, since we have been the largest U.S. uranium producer since 2017, our assets have produced 34% of all U.S. uranium since 2006, and we have more proven facilities, more permitted resources, and more production capacity than any other U.S. miner. We believe that Energy Fuels should be a major beneficiary of any U.S. government support for the industry. We look forward to working with the U.S. government to ensure their initiatives to support domestic uranium production are successful and taxpayer dollars are spent wisely.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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