Rare Earth Elements

Energy Fuels Inc. reported a strong Q2 2025, driven by record uranium production at Pinyon Plain. Strategic focus on rare earth elements and heavy mineral sands is progressing, with the Donald Project in Australia receiving key approvals. The company is piloting dysprosium oxide production and anticipates terbium oxide production in November 2025. Energy Fuels boasts over $250 million in liquidity and no debt, with improved net loss compared to Q1 2025. Uranium sales guidance was updated to 350,000 pounds.