FAQ on Energy Fuels Inc.'s Commercial Production of On-Spec NdPr
Summary
What has Energy Fuels Inc. achieved?
Energy Fuels Inc. has achieved commercial production of separated neodymium-praseodymium (NdPr) at its White Mesa Mill in Utah, meeting the product specifications required for the manufacture of rare earth element (REE)-based alloys used in permanent magnets for electric vehicles and hybrids.
Why is the production of on-spec NdPr by Energy Fuels significant?
This achievement is significant because it marks the first time in several decades that a U.S. company has produced on-spec separated rare earth elements (REEs) from monazite on a commercial scale, which is crucial for the supply chain of materials needed for electric vehicles and hybrid cars.
How much NdPr can Energy Fuels produce at its White Mesa Mill?
Energy Fuels can produce 850 to 1,000 metric tons (tonnes) of NdPr per year at the full design capacity of its new phase 1 REE separation circuit at the White Mesa Mill.
When will Energy Fuels have commercial quantities of separated NdPr available for shipment?
Energy Fuels expects to have commercial quantities of separated NdPr available for shipment by the end of this month.
Where is Energy Fuels’ White Mesa Mill located?
The White Mesa Mill is located in Utah, USA.
What are the applications of the NdPr produced by Energy Fuels?
The NdPr produced by Energy Fuels is used in the manufacture of rare earth element (REE)-based alloys required for permanent magnets, which are widely used in electric motors for battery-powered electric vehicles (EVs) and dual power hybrids.
Who is Energy Fuels Inc.?
Energy Fuels Inc. is a leading U.S.-based uranium and critical minerals company that produces uranium, rare earth elements (REEs), and vanadium. It operates the White Mesa Mill in Utah and the Nichols Ranch ISR Project in Wyoming, among other assets.
Where can I find more information about Energy Fuels Inc.?
For more information about Energy Fuels Inc., visit their website at www.EnergyFuels.com or the company’s newsroom at http://ibn.fm/UUUU.
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