Energy Fuels Revenues Decline 16% in 2025, Uranium Sales Increase 31% YoY

Energy Fuels' revenues fell 16% to $65.9 million in 2025 due to a 60% decline in Heavy Mineral Sands revenues, but uranium revenues increased 31% to $50.1 million. The company sold 650,000 pounds of uranium at an average realized price of $74.21 per pound. Energy Fuels expects to mine 2-2.5 million pounds of uranium in 2026 and process between 1.5 million and 2.5 million pounds of finished uranium.