Energy Fuels (UUUU) announced that high-purity neodymium-praseodymium oxide produced at its White Mesa Mill in Utah has been manufactured into commercial scale REPMs by South Korea’s largest manufacturer of drive unit motor cores, pursuant to a previously announced MOU, and has passed all quality assurance and quality control benchmarks for use in EV drive unit motors sold to major automotive manufacturers. This included the successful manufacture of Energy Fuels’ NdPr oxide into NdPr metal, neodymium-iron-boron alloy sintered blocks and high-performance, high-temperature NdFeB REPMs.
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