Energy Fuels Advances U.S. Production of Heavy Rare Earth Oxides

The latest update is out from Energy Fuels ( (UUUU) ).

Energy Fuels has begun producing heavy rare earth element oxides at its White Mesa Mill in Utah, marking a significant step as the only U.S. company producing these oxides from commercial rare earth ores. The company plans to scale up production to a commercial level by late 2026, with potential contributions from its Donald Project in Australia by 2027. This development positions Energy Fuels as a key player in supplying U.S.-produced heavy rare earth oxides, which are essential for the rare earth magnet industry, thereby strengthening its industry positioning and offering strategic advantages to U.S. stakeholders.

The most recent analyst rating on (UUUU) stock is a Buy with a $10.50 price target. To see the full list of analyst forecasts on Energy Fuels stock, see the UUUU Stock Forecast page.

Spark’s Take on UUUU Stock

According to Spark, TipRanks’ AI Analyst, UUUU is a Outperform.

Energy Fuels is buoyed by strong technical indicators and positive corporate developments, but profitability challenges and valuation concerns weigh down the overall score. Continued operational improvement and execution of growth strategies are crucial.

To see Spark’s full report on UUUU stock, click here.

More about Energy Fuels

Energy Fuels Inc. is a leading U.S. producer of uranium, rare earth elements, and other critical minerals. The company is notable for its production of heavy rare earth element oxides, which are crucial for various industrial applications, including the production of rare earth metals, alloys, and magnets. Energy Fuels operates the White Mesa Mill in Utah and has a joint venture in the Donald Project in Victoria, Australia, which is a significant source of heavy rare earth elements.

Average Trading Volume: 11,126,025

Technical Sentiment Signal: Buy

Current Market Cap: $1.68B

For an in-depth examination of UUUU stock, go to TipRanks’ Overview page.