NetworkNewsBreaks – Energy Fuels Inc. (NYSE Amer
Post# of 388
Energy Fuels (NYSE American: UUUU) (TSX: EFR) is the largest producer of uranium in the United States. As demand increases for clean power, all eyes are on nuclear, which produces zero carbon emissions and zero air pollution in the process – called fusion – of splitting uranium atoms to produce energy. The growing demand for clean energy positions Energy Fuels for opportunity as the producer of over one-third of all uranium for the United States, a nation that consumes a whopping 55 million pounds of this commodity each year yet produces only 1% of its needs (http://nnw.fm/GXbzG). A recent article discusses the issue of drawing down finite inventories as the U.S. imports the majority of its uranium from foreign countries, and a charge for domestic sourcing. The piece reads, “Energy Fuels is leading a charge to change this, while maintaining its commitment to operating green. Over the past few years, the company has led industry efforts to have the U.S. government recognize the importance of domestically produced uranium. These efforts have included the 2018–2019 Uranium Section 232 (http://nnw.fm/LGHxz), the Nuclear Fuel Working Group (http://nnw.fm/dP1mN) and the U.S. strategic uranium reserve (http://nnw.fm/LMbf4).”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer