Energy Fuels is a leading, US-based, integrated producer of uranium
Uranium is the fuel for carbon-free, emission-free nuclear energy, which is expected to see strong growth in the years ahead. We believe that being the dominant uranium producer focused on the U.S. – which is the World’s largest consumer of uranium – is highly strategic. Here are a few reasons why we believe our growth strategy creates value for our shareholders:
Uranium Price LeverageEnergy Fuels offers excellent leverage to rising uranium prices, with current production and the ability to significantly boost uranium production as the expected uranium market recovery occurs.
Diverse ProductionWe are the only company with both in-situ recovery (“ISR”) and conventional uranium production in the U.S., thereby reducing risk to our shareholders and utility customers.
ConsolidationEnergy Fuels has become a leading producer in the U.S. by consolidating the best uranium projects in the U.S., which was once the World’s leading producer of uranium.
ScalabilityEnergy Fuels has the assets to significantly increase production utilizing currently un-used processing capacity at the White Mesa Mill and Nichols Ranch Plant, – along with large-scale mining projects, standby mines, and an industry-leading U.S.-based uranium resource portfolio.
- 18.4 million pounds of Uranium Reserves
- 12.1 million pounds of Measured Resources
- 60.4 million pounds of Indicated Resources
- 40.7 million pounds of Inferred Resources
Strongest balance sheet among peers with $35 million of working capital at December 31, 2015
Licensed capacity to produce 10+ Million pounds of U3O8 right here in the U.S.
Over 2,000,000 lbs. of uranium deliveries to major nuclear utilities expected through 2020.
Operator of the White Mesa Mill, the only fully-permitted conventional uranium mill operating in the U.S. today.
Owner and operator of the Alta Mesa ISR Plant, a well-known uranium production facility located in South Texas
Owner and operator of the Nichols Ranch ISR Plant, one of the newest uranium producers in the U.S.