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, within its full-year guidance range in just six months. The company said it expects to complete its current uranium ore processing campaign by the end of June before resuming ore processing in Q4 2026, while advancing planned rare earth element circuit modifications, conventional mine development and low-cost uranium production across its U.S. assets.
This production milestone underscores Energy Fuels' position as the top U.S. producer of natural uranium concentrate, supplying nuclear utilities. The White Mesa Mill is the only fully licensed conventional uranium mill operating in the United States, and the company also produces rare earth element products there and evaluates medical isotope recovery for emerging cancer therapies. The mid-year achievement highlights the company's operational efficiency and its ability to meet production targets amid growing demand for domestic uranium and critical minerals.
Energy Fuels is also advancing three heavy mineral sands and rare earths projects internationally: 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 aim to further diversify the company's portfolio of critical materials essential for clean energy and advanced technologies. For more details on the full press release, visit https://ibn.fm/fUP6m.
The company's shares trade on the NYSE American under the ticker "UUUU" and on the TSX under "EFR." The latest news and updates relating to UUUU are available in the company's newsroom at http://ibn.fm/UUUU.
This announcement is important as it demonstrates Energy Fuels' capacity to achieve significant uranium production levels, which is critical for meeting U.S. energy security needs and supporting the nuclear power industry. The mid-year update also signals the company's progress in rare earth element processing and global project development, positioning it as a key player in the supply chain for clean energy technologies and medical applications.
