FAQ: Energy Fuels' First Production of High-Purity Dysprosium Oxide at White Mesa Mill
Summary
What is the main announcement from Energy Fuels Inc.?
Energy Fuels has completed production of its first kilogram of dysprosium oxide at pilot scale at its White Mesa Mill in Utah, achieving 99.9% purity which exceeds commercial specifications of 99.5%.
Why is this production of dysprosium oxide significant?
This represents the first time a U.S. company has both produced high-purity dysprosium oxide and publicly disclosed actual production volumes and purities, demonstrating the viability of a fully non-Chinese rare earth oxide supply chain.
Where is the dysprosium oxide being produced?
The production is taking place at Energy Fuels’ White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States.
What is the source material for the dysprosium oxide production?
The dysprosium oxide is produced from monazite mined in Florida and Georgia, establishing a domestic supply chain for rare earth elements.
What is the production capacity and purity level achieved?
The Mill expects to continue producing dysprosium oxide at a rate of two kilograms per week, with the material achieving 99.9% purity that exceeds the 99.5% commercial specification.
Who has shown interest in this dysprosium oxide production?
Multiple magnet manufacturers and OEMs have already expressed strong interest in obtaining samples to accelerate their validation processes for potential use in their products.
What other products does Energy Fuels produce at the White Mesa Mill?
In addition to dysprosium oxide, Energy Fuels produces uranium concentrate, advanced REE products, vanadium oxide (when market conditions warrant), and is evaluating recovery of medical isotopes for cancer treatments.
Where can I find more information about Energy Fuels Inc.?
For more information, visit Energy Fuels’ website at http://www.energyfuels.com or view the full press release at https://ibn.fm/fRbV0. Latest updates are also available at http://ibn.fm/UUUU.
What stock exchanges does Energy Fuels trade on?
Energy Fuels’ common shares trade on the NYSE American under the symbol “UUUU” and on the Toronto Stock Exchange under the symbol “EFR.”
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