Energy Fuels Inc. is a leading U.S. producer of uranium and critical minerals, operating primarily through its Uranium, Rare Earth Elements (REE), and Heavy Mineral Sands (HMS) segments. The company's cornerstone asset is the White Mesa Mill in Utah, which serves as the only fully licensed and operating conventional uranium mill in the United States. Beyond supplying natural uranium concentrates to the nuclear power industry, Energy Fuels has diversified its operations to produce vanadium pentoxide for the steel and battery industries. The company is also advancing a "mine-to-metal" strategy for rare earth elements, processing monazite into high-purity REE oxides like NdPr and terbium to support clean energy and advanced technologies. To secure feedstock for its rare earth operations, Energy Fuels has acquired heavy mineral sand projects globally, including assets in Australia, Madagascar, and Brazil.
