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NetworkNewsBreaks – Energy Fuels Inc. (NYSE Amer

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Post# of 388
(Total Views: 362)
Posted On: 07/21/2020 4:01:35 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Positioned to Capitalize as World Goes Nuclear

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, looks to be well positioned to capitalize on recent attention to nuclear power. Two major international organizations, the International Energy Association (“IEA”) and OECD Nuclear Energy Agency, are key drivers of this recent push, recognizing immense benefits of nuclear energy for both economic recovery and post-COVID-19, energy-supply resilience. A recent article discussing the company reads, “With more uranium production facilities and capacity, as well as more in-ground resources, than any other company in the country, UUUU has produced more than one-third of all U.S. uranium over the past 15 years (http://nnw.fm/5yeCI). The Colorado-based diversified miner has been focused on building a rock-solid balance sheet through a strategy of reducing the debt burden over the past several years. UUUU has recently announced the plan to pay off half of its debt by mid-July 2020, expecting to become debt free by the end of 2020 (http://nnw.fm/k1RzY). The company is also seeking to bring rare earth element production back to the U.S. With an unparalleled ability to swiftly increase low-cost U.S. uranium production, Energy Fuels is well positioned to capitalize on the growing role of the nuclear energy in the years to come.”

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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