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NetworkNewsBreaks – Energy Fuels Inc. (NYSE Amer

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Posted On: 04/27/2021 3:27:10 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Work with Leading Consultant on REEs Study

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has announced it has engaged Carester SAS, a leading global expert on rare earth separation, to help prepare a scoping study for the development of a solvent extraction (“SX”) rare earth element (“REE”) separation circuit at UUUU’s White Mesa Mill in Utah. Carester brings in impressive background in designing, constructing, operating and optimizing REE production facilities globally and has significant experience in processing natural monazite feeds into value-added rare earth products. Carester is working with Energy Fuels in its planned development of REE separation capabilities at the White Mesa Mill. Energy Fuels intends to use existing equipment and infrastructure to the extent possible as it works to implement a continuous, integrated and optimized rare earth production sequence. For its part, Carester will conduct an evaluation of the mill’s current monazite leaching process as well as assist in the preparation of an REE separation flow sheet, capital and operating expense estimates, incorporation of new technologies where applicable, and recommendations on equipment vendors. “Energy Fuels is absolutely focused on building fully integrated rare earth supply capabilities at our White Mesa Mill in the coming years, and we are pleased to have Carester on the team to support our efforts,” said Energy Fuels president and CEO Mark S. Chalmers in the press release. “Since we began evaluating the potential to produce rare earth products in late-2019, Energy Fuels has partnered with only the best global experts at every opportunity, and the agreement with Carester is just another example of how our company is advancing our strategy on the complete REE production sequence. The Carester team is widely recognized as one of the world’s foremost authorities in producing separated rare earth oxides and other value added rare earth products. Rare earth extraction, separation and purification can be complex. We believe that our extensive in-house processing experience, combined with Carester’s expertise, places the company in an excellent position to successfully and cost-effectively help to restore critical domestic rare earth capabilities in the USA at the White Mesa Mill.”

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