Energy Fuels Inc. (UUUU) in Lakewood, Colo., extracts, recovers, explores, and sells conventional and in situ uranium recovery in the United States. The company’s operations include the Nichols Ranch project, the Jane Dough property, and the Hank project in Wyoming; the Alta Mesa Project in Texas; and the White Mesa Mill in Utah. UUUU also holds interests in uranium and uranium/vanadium properties and projects in various stages of exploration, permitting, and evaluation located in Utah, Wyoming, Arizona, New Mexico, and Colorado.
Last month, the company announced that it had entered agreements for the acquisition of 17 mineral concessions between the towns of Prado and Caravelas in the State of Bahia, Brazil. Based on historical drilling, it is expected that the project holds significant quantities of heavy minerals, including monazite, which might bolster the company’s rare earth metals supply chain.
