Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements and other critical materials, provided a mid-year update on its U.S. uranium segment, reporting that finished uranium production at its White Mesa Mill in Utah is expected to reach about 1.6 million pounds by June 30. This output is within the company's full-year guidance range achieved in just six months, underscoring the operational efficiency of its flagship facility.
The company stated it expects to complete its current uranium ore processing campaign by the end of June before resuming ore processing in Q4 2026. This pause will allow Energy Fuels to advance planned rare earth element circuit modifications, conventional mine development, and low-cost uranium production across its U.S. assets. The White Mesa Mill is the only fully licensed conventional uranium mill operating in the United States, giving Energy Fuels a strategic advantage in domestic production.
In addition to uranium, Energy Fuels is a major player in rare earth elements, heavy mineral sands, vanadium, and the development of medical isotopes. The company is advancing three heavy mineral sands/rare earths projects: the Vara Mada Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia (through a joint venture with Astron Limited). These projects are part of Energy Fuels' strategy to become a diversified critical materials supplier.
The mid-year update highlights Energy Fuels' ability to maintain production levels while investing in future growth. The company's focus on low-cost uranium production and rare earth circuit modifications positions it to meet growing demand for nuclear fuel and rare earth elements, which are critical for clean energy technologies and defense applications. The White Mesa Mill also evaluates medical isotope recovery for emerging cancer therapies, adding another revenue stream.
For more details, the full press release is available at https://ibn.fm/fUP6m. Additional news and updates relating to Energy Fuels can be found at http://ibn.fm/UUUU.
Energy Fuels is headquartered in Lakewood, Colorado, and its shares trade on the NYSE American under the symbol "UUUU" and on the TSX under "EFR." The company's integrated operations and strategic asset base make it a key player in the U.S. critical minerals supply chain.
