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home / news releases / UUUU - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Only NA Company in Position to Produce Monazite-Derived REE


UUUU - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Only NA Company in Position to Produce Monazite-Derived REE

  • Monazite sand is so valuable because of its superior distributions of magnetic REEs for use in clean-energy, defense and other technologies
  • UUUU has licenses, ability to unlock the value of this domestic resource
  • This year, the company and its partners have created a U.S.-E.U. rare earth supply chain

Monazite has long been recognized as one of the most valuable rare earth elements (“REEs”) in the world, but it requires specific licenses and specialized technical capabilities to handle and process. Energy Fuels (NYSE American: UUUU) (TSX: EFR) may be the only company outside of China with the equipment, expertise and licenses in place to responsibly process this importance mineral for the recovery of rare earths at the highest standards of environmental sustainability.

“Monazite sand is so valuable because of its superior distributions of magnetic REEs needed for various clean energy, defense and other advanced technologies,” a recent Energy Fuels article states...

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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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Stock Information

Company Name: Energy Fuels Inc
Stock Symbol: UUUU
Market: NYSE
Website: energyfuels.com

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