Energy Fuels is America’s premier uranium company. Energy Fuels' operations, employees, and properties are located in Colorado, Utah, Arizona, Wyoming, and New Mexico, and our operations are managed out of our Lakewood, Colorado office (near Denver). Energy Fuels is listed on the NYSE MKT under the trading symbol "UUUU" and on the Toronto Stock Exchange under the trading symbol “EFR”.
Energy Fuels owns and controls the only operational conventional uranium processing facility in the United States, the White Mesa Mill located near Blanding, Utah. The White Mesa Mill has an operating capacity of 2,000 tons per day and the potential to process up to 8 million lbs. of uranium per year. The White Mesa Mill also has two separate circuits designed to (i) produce vanadium (as V2O5) from the uranium/vanadium mines on the Colorado/Utah border and (ii) to process low cost alternate feed materials for the production of uranium.
Energy Fuels operates a producing uranium mine on the Arizona Strip that supplies ore to the White Mesa Mill. In addition, the company owns numerous other projects on standby or in various stages of development and permitting. As market conditions warrant, we expect to bring these mines into production.
Energy Fuels is one of the largest holders of uranium and vanadium resources in the United States. We own or control approximately 33.4 million tons of measured and indicated NI 43-101 resources that contain 88.8 million lbs. of U3O8 at grades that range from 0.07% to 0.31%, and 34.9 million lbs. of V2O5 at grades that range from 0.30% to 1.39%. In addition, we own or control approximately 11.3 million tons of inferred NI 43-101 resources that contain 38.2 million lbs. U3O8 at grades that range from 0.05% to 0.98%, and 13.1 million lbs. of V2O5 at grades that range from 0.28% to 1.89%.
Safety, health and environmental responsibility are of paramount importance to the Company. Energy Fuels is committed to the operation of its facilities in a manner that puts the safety of its workers, its contractors, its community, the environment and the principles of sustainable development above all else. Whenever issues of safety conflict with other corporate objectives, safety shall be the first consideration.
Through these actions, we believe we are positioned to respond to market conditions and achieve sustainable and responsible long-term uranium production as the World’s demand for clean, affordable nuclear energy continues to grow.