Energy Fuels (NYSE: UUUU) - Reshoring Critical Mineral Production back to the US скачать в хорошем качестве

Energy Fuels (NYSE: UUUU) - Reshoring Critical Mineral Production back to the US

Interview with Mark Chalmers, President & CEO of Energy Fuels Inc. Our previous interview: https://www.cruxinvestor.com/posts/en... Recording date: 21st March 2025 Energy Fuels is establishing itself as a comprehensive critical minerals hub, focusing on processing multiple commercially recoverable elements including uranium, vanadium, and rare earth elements, according to CEO Mark Chalmers. The company is strategically positioned to capitalize on the growing U.S. push for reshoring critical mineral production and reducing dependence on foreign suppliers. The company has been diversifying beyond its traditional uranium business for approximately five years, with timing that aligns perfectly with the current administration's emphasis on critical minerals independence. Chalmers recently reported receiving an "extraordinary" reception during meetings in Washington DC, highlighting the government's growing interest in domestic production capabilities. Energy Fuels has already demonstrated its ability to process Neodymium-Praseodymium (NDPR) at its White Mesa Mill in the United States and is currently advancing Phase Two of its rare earth processing capabilities, which will be five times larger than current capacity. The company maintains the unique position of having active production rather than just planning stages. Strategic partnerships form a cornerstone of Energy Fuels' strategy. The company recently announced a relationship with South Korea's POSCO to create a non-China rare earth supply chain, addressing the current lack of metals, alloy, and magnet production capability in the United States. Additionally, Energy Fuels has expanded its relationship with Chemours, which supplies monazite from U.S. sources that previously went to China. Internationally, Energy Fuels is advancing projects in Madagascar (Toliara) and Australia (Donald) to secure raw material supply. Both projects involve heavy mineral sands, which Chalmers describes as "real cash generators" due to their titanium and zirconium content. The monazite byproduct would be sent to White Mesa Mill for rare earth processing. The company has outlined an ambitious "Project 2028" aimed at achieving significant scale in rare earth production by 2028, potentially supplying approximately 50% of U.S. rare earth needs. Near-term milestones include completing feasibility studies, advancing FID processes on international projects, and securing necessary permits. Chalmers characterized the current government approach as reflecting a sense of "panic" over foreign control of critical mineral supply chains, noting that decades of globalization led to strategic vulnerabilities that cannot be quickly resolved. Energy Fuels' five-year head start on its critical minerals strategy positions it advantageously as the U.S. works to rebuild domestic supply chains for these essential resources. View Energy Fuels' company profile: https://www.cruxinvestor.com/companie... Sign up for Crux Investor: https://cruxinvestor.com