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Stock impact report

Energy Fuels' (UUUU) Rare Earth Oxide Qualifies for Automotive Magnet Production [Yahoo! Finance]

Energy Fuels Inc Ordinary Shares (Canada) (UUUU) 
NASDAQ:AMEX Investor Relations: energyfuels.com/investors
Company Research Source: Yahoo! Finance
Energy Fuels Inc. (NYSEAMERICAN:UUUU) is a leading US-based critical minerals company, focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes. Energy Fuels Inc. (NYSEAMERICAN:UUUU) shot up on December 19 when the company announced that its high-purity dysprosium oxide had passed all initial quality benchmarks of a South Korean automotive manufacturer for use in rare earth permanent magnet (REPM) production. Dy oxide is a key additive in REPMs, which help power electric vehicles, advanced robotics, and several crucial defense systems. Mark S. Chalmers, CEO of Energy Fuels Inc. (NYSEAMERICAN:UUUU), stated: “Production of dysprosium oxide that meets stringent magnet specifications is yet another key milestone in the Company's critical materials strategy, demonstrating Energy Fuels' unique and rapidly expanding capabilities in the rare earth sector, and in particular our ability to produce high-purity separated ‘heavy' rare earth oxides from mo Show less Read more
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