Energy fuels Stock news
Energy Fuels Inc. (NYSE American: UUUU) announced the successful commissioning of its Phase 1 rare earth element (REE) separation circuit at the White Mesa Mill in Utah on June 2, 2026. This operational milestone enables the company to produce commercial quantities of separated neodymium--praseodymium (NdPr) oxide, a critical component for permanent magnets used in electric vehicles and wind turbines. The facility is now the first of its kind in North America capable of processing monazite sand into high--purity REE oxides, significantly reducing domestic reliance on foreign supply chains.