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NetworkNewsBreaks - Energy Fuels Inc. (NYSE Americ

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Posted On: 06/26/2020 6:12:05 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Finalizes Agreements with Rare Earth Element Industry Experts to Advance Commercial, Technical Strategies

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, recently finalized consulting agreements with two rare earth element (“REE”) industry experts, Constantine Karayannopoulos and Brock O’Kelley. The experts will consult with the company on the development and implementation of commercial and technical REE strategies for the new U.S. REE program (http://nnw.fm/z82zF). An article discussing the company reads, “The company previously announced that it is entering the U.S. rare earths space by potentially leveraging its existing White Mesa Mill in Utah to produce high-value rare earth concentrates. If successful, the mill would play a critical role in restoring a U.S. rare earths supply chain. . . . ‘Energy Fuels is extremely excited to bring Constantine Karayannopoulos and Brock O’Kelley on board to advance our entry into the rare earth space in the U.S.,’ UUUU president and CEO Mark S. Chalmers stated in a news release. ‘Over the past year or so, Energy Fuels has been actively evaluating this rare earth opportunity. We are quickly coming to the conclusion that the White Mesa Mill may be an ideal U.S. facility to process rare earth element ore streams and produce rare earth concentrates. Mr. Karayannopoulos and Mr. O’Kelley will assist Energy Fuels in the commercial and technical aspects of this endeavor.’”

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