EFR:CC News and Press, Energy Fuels Inc. From 01/16/23

Summary Demand has reemerged for nuclear energy as a non-carbon replacement for fossil fuels. At the same time, countries are concerned about the supply of all fuels from adversaries. The public and private sectors have recognized these stressors and have stepped into help. This...

Summary Energy Fuels Inc. has agreed to sell its Alta Mesa in-situ recovery project to enCore Energy for $120m; the deal includes $60m upfront and $60m in a secured convertible note payable. Energy Fuels expect to use the proceeds to fully finance its business plans for the next 2-3 yea...

The U.S. Department of Energy’s National Nuclear Security Administration (NNSA) has awarded a trio of companies with contracts to supply the country with domestically produced uranium oxide. The aim is to boost local uranium production to such a degree that the United States is not rel...

Summary Europe vanadium pentoxide spot prices were higher in the past 30 days. China and Europe ferrovanadium prices were higher. Vanadium market news - Battery demand for vanadium from VRFB to change the vanadium market. Vanadium Flow Batteries could leapfrog over pumped hydro for long...

Energy Fuels Awarded Contract to Sell $18.5 Million of Uranium to U.S. Uranium Reserve Canada NewsWire DOE program supports critical domestic clean energy & national security priorities Pending membership in DOE HALEU Consortium to support fuel for next generatio...

Uranium prices are regaining a healthy glow. For one, there’s a good deal of global demand, with some countries planning to build more reactors. Two, we have global leaders attempting to cut back on harmful emissions, which could increase dependency on uranium. According to Jon Bey, Presid...

According to data from HANetf’s Sprott Uranium Miners, uranium has been one of the best-performing asset classes of 2022 , with October being an especially good month for the metal. The fund revealed that uranium spot prices went up by 24.12% over the year until Oct. 31, going up by 8.32%...

Uranium prices are regaining a healthy glow. For one, there’s a good deal of global demand, with some countries planning to build even more reactors. Two, we have global leaders attempting to cut back on harmful emissions, which could increase dependency on uranium. In fact, accordin...

Dozens of countries worldwide have pledged to transition away from dirty fuels such as coal and oil as part of global efforts to arrest climate change and global warming. Although solar, wind and geothermal energy are already poised to play a significant role in the green energy transition...

“Nuclear is finding is way back to acceptance and real enthusiasm,” said U.S. Secretary of Energy Jennifer Granholm at COP27, as quoted by Reason.com. In fact, she reminds us that the world will need to double, or even triple the amount of power supplied with nuclear energy if...