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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 2 sources · 29 days · First seen · Last updated
Energy Fuels rare earth and uranium expansion
Overview
Energy Fuels has achieved significant milestones in its rare earth and uranium operations. The company’s terbium oxide, produced at the White Mesa Mill in Utah, successfully passed all qualifications for use by a major Japanese manufacturer of rare earth permanent magnets. This development is viewed as an effort to establish a diversified Western supply chain for critical materials to reduce reliance on Chinese suppliers.
Building on this rare earth progress, the company is also advancing its uranium segment. In New Mexico, the proposed Roca Honda mine has entered a critical permitting phase, with a 30-day public hearing underway following the submission of a comprehensive reclamation plan.
Entities
White Mesa Mill · Ross Bhappu · Benchmark Mineral Intelligence · Energy Fuels Inc. · Energy Fuels
Timeline
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4 days ago
[BUSINESS] 2 sourcesEnergy Fuels expands rare earth and uranium operationsEnergy Fuels has achieved commercial qualification for its terbium oxide in Japan and has entered the public hearing phase for its Roca Honda uranium project in New Mexico.
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about 1 month ago
[BUSINESS] 3 sourcesEnergy Fuels secures Japanese approval for Utah-produced terbium oxideEnergy Fuels' Utah-produced terbium oxide has been approved for commercial use by a major Japanese permanent magnet manufacturer, marking a step toward diversifying the Western rare earth supply chain.
Sources
ad-hoc-news.de · dpn-online.com