Stephen P. Antony
In a world anxious about notable political shakeups, but hopeful about new paths for public policies both here at home and abroad, the U.S. nuclear sector may be reenergized under President-Elect Trump through his nomination of Rex Tillerson (CEO of Exxon-Mobil) for...read more
Energy Fuels Receives Final License Amendment from U.S. Nuclear Regulatory Commission for Expansion of Nichols Ranch Uranium Project
Lakewood, Colorado – March 23, 2017 Energy Fuels Inc. (NYSE MKT: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium in the United States, is pleased to announce that it has received the final amendment to the Source Material License (the...
Lakewood, Colorado – March 16, 2017 Energy Fuels Inc. (NYSE MKT: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium in the United States, is pleased to present the following Letter to Shareholders from President and CEO, Stephen P....
White Mesa Mill
Alta Mesa ISR Mine & Plant
Our Uranium Mining Operations
Energy Fuels is the only conventional uranium mining producer in America. At Energy Fuels, we take great pride in owning and operating the highly strategic White Mesa conventional uranium mill, which is the only fully-licensed and operating conventional uranium mill in the U.S. With a licensed capacity of 8 million pounds of uranium per year, Energy Fuels boasts enormous production scalability from this facility as uranium prices rise in the coming years. Our conventional assets also include some of the largest and highest-grade uranium mines and projects in the United States, including the Canyon mine and the Roca Honda, Sheep Mountain and Henry Mountains projects. To learn more about Energy Fuels’ conventional production, click here.
Energy Fuels owns and operates two ISR production facilities in the U.S.: the Nichols Ranch ISR plant and mine, located in Wyoming’s productive Powder River Basin, and the Alta Mesa ISR plant and mine, located in south Texas. In-situ recovery, or “ISR”, is an attractive method of producing uranium that is cost effective and protective of the environment. Nichols Ranch has a capacity of 2 million pounds of uranium per year and Alta Mesa has a capacity of 1.5 million pounds of uranium per year, providing Energy Fuels room to grow through nearby licensed and advanced-stage permitting projects. In addition, we control large land positions at both locations with exciting exploration potential. To learn more about Energy Fuels’ current in situ production at Nichols Ranch and future production potential at the Alta Mesa, Hank and Jane Dough projects, click here.
Large-Scale Production Scalability
While Energy Fuels is currently a major producer of uranium, our primary goal is to become the dominant producer of U.S. uranium in the World. Our White Mesa conventional uranium mining mill has a licensed capacity of 8 million pounds of uranium per year, and our Nichols Ranch ISR plant has a licensed capacity of 2 million pounds per year. Energy Fuels also has three large-scale conventional projects now in permitting – Roca Honda, Sheep Mountain and Henry Mountains – with 20 to over 30 million pounds of uranium resources and annual production profiles of between 1 and 2.7 million pounds of uranium – each. Finally, Energy Fuels boasts the largest NI 43-101 compliant uranium resource base in the U.S., among producers and near-producers. These production facilities and resources provide Energy Fuels with the tools we need to accomplish our goal and become a major uranium producer on a global scale. To learn more click here.