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Energy Fuels commends President Trump's decision to review domestic uranium-supply solution

Energy Fuels Inc (TSE:EFR) (NYSEMKT:UUUU) CEO Mark Chalmers tells Proactive Investors that the Colorado-based uranium-mining company is pleased with President Donald Trump's decision to commence a new review of the domestic nuclear fuel supply chain.

In a written memo, Trump said he did not agree with a US Department of Commerce investigation that found uranium imports could hurt US national security. However, he wrote the findings "raise significant concerns," and in light of this, was ordering a deeper review. Chalmers says Energy Fuels is looking forward to participating in finding a solution.

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Price: 2.12 CAD

TSX:EFR
Market: TSX
Market Cap: $249.15 m
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Energy Fuels to make a play for the rare earth elements industry

Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) CEO Mark Chalmers tells Proactive the uranium producer is planning to enter the rare earth elements industry. Chalmers explains how the company's fully-licensed White Mesa Mill, the only uranium and vanadium mill in operation in the US today, can...

on 04/17/2020

2 min read