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NetworkNewsBreaks – Energy Fuels Inc. (NYSE Amer

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Posted On: 07/02/2020 3:43:24 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Supporting Clean Energy with Alternate-Feed Material Recycling Program

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, continues to support the use of clean energy through its alternate-feed material recycling program. An article discussing the company reads, “Besides recycling uranium, Energy Fuels also recycles vanadium. In addition to being the only conventional uranium mill in the U.S., the White Mesa Mill is the only conventional vanadium mill in the country. Vanadium is used in steel, titanium and other high-strength alloys. The mineral is also being increasingly used in high-capacity, community-scale batteries that store intermittent renewable energy sources, such as wind and solar. . . . In 2019, Energy Fuels recycled 1.8 million pounds of vanadium. This is enough vanadium used in steel to build four and a half Golden Gate Bridges from scratch. And now, the company is entering the rare earth elements (‘REE’) space, which also involves the recycling of REE-bearing materials. Indeed, the White Mesa Mill may be able to play an important role in bringing REE production back to the U.S.”

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