Uranium
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Nuclear Fuels Shareholders OK Deal with Premier American Uranium
Nuclear Fuels Inc. shareholders approved the merger with Premier American Uranium Inc. with 95.08% support. Nuclear Fuels shareholders will receive 0.33 shares of Premier American Uranium for each share held. The deal still requires court and exchange approvals, with closing expected around August 25th. The combined entity aims to become a key player in the U.S. uranium sector, driven by growing demand for clean energy and the need for secure domestic uranium supplies. The merger will combine Nuclear Fuels’ exploration assets with Premier American Uranium’s development expertise.
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Energy Fuels Announces Second Quarter 2025 Results
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.