Energy Fuels (NYSE American: UUUU) (TSX: EFR) is the leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, critical materials needed for today’s clean energy and advanced technologies. Energy Fuels has been the largest U.S. producer of uranium over the past several years. In 2021, the company deployed its unique capabilities to begin ramping-up production of an intermediate rare earth element (“REE”) product at a stage more advanced than any other company in the U.S. The company has plans to add REE separation, and potentially REE metals-making and alloying, capabilities in the coming years, thereby fully integrating a new, low-cost U.S. REE supply chain. Energy Fuels produces vanadium from time to time, during periods of market strength. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: The White Mesa Mill in Utah, the Nichols Ranch In-Situ Recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, and with over 8 million pounds of annual capacity, it is the largest uranium production facility in the U.S. The White Mesa Mill is also where REEs and vanadium are produced. The Nichols Ranch ISR Project in Wyoming is a uranium facility on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project in Texas is also a uranium facility on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium and vanadium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol UUUU, and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol EFR. For more information, visit the company’s website at:www.EnergyFuels.com.
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