UUUU - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Emerging Leader in Rare Earth Sector Slated for Growth in 2022
- The rare earth element market expected to see interest from investors, governments around the world in coming year
- Supply will need to pick up to meet global demand for REEs, primarily from EVs
- Restoring REE production to U.S. will greatly benefit the nation’s economy and clean energy sector
Last year saw more major developments in the rare earth elements (“REE”) space than the last seven years combined, according to a recent InvesBrain report (https://ibn.fm/Mlutg). Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), which has historically been a leading U.S. uranium mining company, is keenly interested in the space, as the company has unique licenses, infrastructure and capabilities that can be deployed in the REE sector.
“Following an uncertain 2020 on the back of the COVID-19 pandemic, the rare earth market continued to see interest from investors and governments around the world in 2021,” the report stated. “Rare earths, used in the high-strength magnets found in...
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
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