NetworkNewsBreaks – Energy Fuels Inc. (NYSE Amer
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Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading producer of uranium in the United States, is poised with the unique abilities and resources to supply the nation with its growing demand for clean nuclear energy. This is good news for the company, as nuclear energy looks to have a bright future as the country moves toward cleaner, carbon-free power sources. A recent article discussing this reads, “Energy Fuels is America’s leading producer of uranium, which is the fuel for carbon-free electricity. Energy Fuels was also the largest domestic producer of vanadium in 2019. Vanadium is mainly used in steel and other high-strength alloys. But vanadium batteries, which can be used to store vast amounts of electricity generated from renewable sources, are also being commercialized around the world. The company is also entering the rare earth elements processing business. Rare earths are used in a whole host of advanced technologies, including in the clean energy sector.”
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