Energy Fuels Inc. (NYSEAMERICAN:UUUU) is a North American mining company specializing in the production of uranium, vanadium and rare earth elements. With a primary focus on supplying critical minerals for the nuclear power industry, the company operates the White Mesa Mill in Utah, the only conventional uranium mill in the United States. This facility enables Energy Fuels to process ore from both its own mines and third-party sources, positioning it as a key domestic supplier to utilities seeking to decarbonize their energy mix.
Beyond conventional mining, Energy Fuels manages in-situ recovery (ISR) operations in Wyoming, Colorado and Arizona, employing environmentally responsible techniques to extract uranium from sandstone deposits. The company’s Idaho‐style phosphate project further diversifies its portfolio, combining mineral recovery with reclamation efforts at legacy uranium sites. Co-production of vanadium at White Mesa creates additional revenue streams, supporting infrastructure for advanced battery materials and grid storage solutions.
Founded in the mid-2000s and headquartered in Lakewood, Colorado, Energy Fuels has grown through strategic acquisitions and project development across the western United States and in Canada. Notable assets include the Nichols Ranch ISR facility and the Alta Mesa project in Wyoming, both of which have achieved key permitting milestones. Exploration and development projects in Arizona’s Canyon Mine and Nevada’s Sheep Mountain area reinforce the company’s pipeline of future supply for the global nuclear fuel market.
Under the leadership of President and CEO Mark S. Chalmers, Energy Fuels maintains a strong focus on safety, regulatory compliance and stakeholder engagement. The company collaborates with federal agencies, indigenous groups and local communities to advance critical mineral production while adhering to stringent environmental standards. Energy Fuels’ strategic positioning in the domestic nuclear supply chain, combined with its experienced management team, continues to drive growth and supports the broader goal of achieving energy security and carbon-free power generation.
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