Energy Fuels Inc. UUUU is expanding beyond its traditional uranium business and is steadily advancing its rare earth strategy through investments in additional separation capacity at the White Mesa Mill and strategic acquisitions that extend its capabilities further downstream. The company is also advancing projects to secure monazite feedstock sources to support long-term production of light and heavy rare earth element (REE) oxides. Key developments this year highlight the company's progress toward that goal. In March 2026, Energy Fuels successfully produced terbium oxide at pilot scale, becoming the first U.S. company in decades to achieve the milestone.
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