NetworkNewsBreaks – Energy Fuels Inc. (NYSE Amer

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Participate as Hall of Fame Presenter at LD Micro Invitational XI

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the number one U.S. producer of uranium and an emerging U.S. producer of rare earth elements, today announced that it will be a Hall of Fame Presenter at the upcoming LD Micro Invitational XI virtual event. According to the update, Energy Fuels CEO and President Mark S. Chalmers will discuss the company’s growing, monazite-based rare earth element (“REE”) business. Under the business, Energy Fuels, at its Utah-based White Mesa Mill, recently began ramping up U.S. production of an intermediate REE product called a mixed REE carbonate, which, upon success, will be a product ready for separation into individual REE oxides. Energy Fuels expects to sell this product to a processing facility owned by Neo Performance Materials in Europe, at which time the companies will have integrated a U.S.- Europe rare earth supply chain decoupled from China. Energy Fuels is also advancing toward building its own REE separation capabilities at the mill in the coming years, in addition to potentially metal-making and alloying, thereby fully integrating a U.S.-centric rare earth supply chain available to supply growing clean energy markets, including electric vehicles (“EVs”) and renewable energy systems. “The Hall of Fame not only highlights companies that have achieved a high rate of return but have also been beneficial to society,” said Chris Lahiji, founder of LD Micro. “I think the world of Energy Fuels and its management, and I’m very proud of what they have achieved. We are looking forward to hosting them at the invitational.”

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