Increased Production and Inventory Guidance
Energy Fuels has increased their 2025 production and finished goods inventory guidance by 22% and 193% respectively, showcasing growth and confidence in future operations.
Strong Financial Position
The company reported a strong working capital position of $214 million, no debt, and excellent liquidity with over $210 million in cash and marketable securities at the end of Q1 2025.
Record Uranium Production
In April, Energy Fuels achieved record uranium production of 151,000 pounds at an average grade of 1.64%, which is nearly three times the expected grade.
Rare Earth Capabilities and Progress
Energy Fuels is advancing their world-class rare earth and heavy mineral sand projects and has the capability to produce six of the seven heavy rare earths under current China export controls.
Strategic Alliances and Collaborations
The company signed collaboration agreements with POSCO International and Chemours, enhancing their position in the global rare earths market.