NetworkNewsBreaks – Energy Fuels Inc. (NYSE Amer
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Energy Fuels (NYSE American: UUUU) (TSX: EFR) places a high priority in the production of raw materials that support global clean-energy efforts. This comes as the world is becoming more focused on and committed to clean energy and sustainability, with companies in every sector recognizing the importance of advancing ESG (environmental, sustainability and governance) priorities. “With that as a backdrop, Energy Fuels does much more than just produce uranium, which is the fuel for nuclear energy, producing 50% of all clean, carbon-free electricity in the U.S.,” a recent article reads. In addition to producing uranium, UUUU began operations to recover rare earth elements (“REEs”) in 2021, which are used in electric vehicles, renewable energy, batteries and other clean technologies. “Also worth noting is that, in 2019, the company was the largest U.S. producer of vanadium, which is used in steel, high-strength alloys and grid-scale batteries. Finally, in addition to its efforts to produce materials, Energy Fuels is committed to preserving global resources and addressing climate change through industry-leading recycling programs… Energy Fuels is also exploring other business opportunities, including evaluating the recovery of medical isotopes for use in emerging cancer therapies from existing process streams.”
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