Aug. 26 at 5:42 PM
#ARCHIVES
... courtesy spmtag
G101SPM
8/26/2025, 7:09:45 AM
$UUUU $11.09 bid. DAC
$5.81 (6.17.25). EXIT
$16.00.
Energy Fuels Inc. ; (TSX:
$EFR), a U.S. producer of rare earth element oxides, and Vulcan Elements, a U.S. manufacturer of rare earth permanent magnets, are pleased to announce that the companies have signed a Memorandum of Understanding (MOU) to collaborate on creating a resilient domestic supply chain for rare earth magnets independent of China. Rare earth magnets are used in a variety of commercial and defense applications, including satellites, robotics, artificial intelligence data centers, semiconductor fabrication, drones, defense systems, electric vehicles, consumer electronics, industrial motors, and power tools.
note: Under new MOU, Energy Fuels to supply Vulcan Elements with ex-China high-purity "light" and "heavy" rare earth oxides for production of rare earth permanent magnets in the United States, using high-purity NdPr and Dy oxides refined in Utah from minerals produced in Georgia and Florida.
