Reported 1 day ago
Energy Fuels Inc. (NYSEAmerican: UUUU) experienced a remarkable increase of 41.8% over the past week, closing at $9.36, attributed to its commencement of heavy rare earth oxide production, particularly Dysprosium oxide, at its White Mesa Mill in Utah. The company aims to produce at least one kilogram of the compound in the next 30 days, with plans for pilot-scale production of samarium oxide starting in January 2026. This strategic move positions Energy Fuels to meet the demand for heavy rare earth oxides in U.S. industries.
Source: YAHOO