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Energy Fuels Soars on Rare-Earth Production Breakthrough
Energy Fuels Soars on Rare-Earth Production Breakthrough
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BTCCSquare news:
Energy Fuels Inc. (UUUU) surged as much as 11.6% after announcing the first U.S. production of high-purity dysprosium oxide at its Utah facility. The milestone marks a strategic pivot into rare-earth elements, with commercial-scale operations targeting late 2026.
The WHITE Mesa Mill achievement aligns with federal priorities for domestic critical mineral supply chains. Energy Fuels plans to expand into terbium oxide and other heavy rare-earth separations, potentially positioning itself as a key supplier for defense and technology applications.
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