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Energy Fuels says US gov't is taking 'a step in the right direction' by limiting Russian uranium imports

Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSX:EFR) CEO Mark Chalmers tells Proactive that the US Department of Commerce has obtained Russia's agreement to extend limits on uranium imports into the US from Russia through 2040 under an extended Russian Suspension Agreement. Chalmers says this is an important step toward maintaining the long-term health of the US uranium mining industry, especially since the expiration of the RSA at the end of 2020 could have resulted in unlimited Russian uranium imports into the US.

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Price: 6.57 CAD

Market: TSX
Market Cap: $882.29 m

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Energy Fuels forms 3-year rare earths supply agreement with The Chemours Company

Energy Fuels Inc (TSE:EFR) (NYSEMKT:UUUU) CEO Mark Chalmers tells Proactive it is set to become the first US company in several years to produce a marketable mixed rare earth element (REE) concentrate ready for separation on a commercial scale. The Lakewood, Colorado-based group has formed a...

on 12/14/2020

2 min read