Energy Fuels appoints Ross R. Bhappu as President, effective August 4.

Energy Fuels Inc. has announced that Ross R. Bhappu will become the President of the company on August 4, 2025, while Mark S. Chalmers will continue as CEO and Director. This move aligns with the company's long-term succession plans. Bhappu has over 35 years of experience in mining and private equity, including 25 years with Resource Capital Funds.

Energy Fuels Inc. (NYSE American: UUUU, TSX: EFR), a leading U.S. producer of uranium, rare earth elements, and other critical minerals, has announced that Ross R. Bhappu will become the President of the company effective August 4, 2025. Mark S. Chalmers, currently the President and CEO, will continue in his role as CEO and Director, aligning with the company's long-term succession plans [1].

Mr. Bhappu, who holds a Ph.D. in Mineral Economics from the Colorado School of Mines and degrees in Metallurgical Engineering from the University of Arizona, brings over 35 years of experience in mining and private equity. He has spent nearly 25 years with Resource Capital Funds, providing both technical and financial evaluation and support in project identification, analysis, development, valuation, project finance, mergers and acquisitions, and capital sourcing. Prior to joining Resource Capital Funds, Mr. Bhappu served in technical and financial roles with Cyprus Minerals Company and Newmont Mining Corporation. He also served as CEO of GTN Copper Corporation, focusing on acquiring and redeveloping the Cyprus Tahono Copper Project. During his tenure at Resource Capital Funds, Mr. Bhappu played a key role in the acquisition of Mountain Pass, the only operating rare earth mine in the U.S., and the recreation of Molycorp, Inc., where he served as Chairman from 2008 to 2013 [1].

Energy Fuels Inc. is a leading U.S.-based critical minerals company, focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes. The company owns and operates several conventional and in-situ recovery uranium projects in the western United States, making it the leading U.S. producer of natural uranium concentrate. It also owns the White Mesa Mill in Utah, the only fully licensed and operating conventional uranium processing facility in the United States. Additionally, Energy Fuels is developing three heavy mineral sands projects: the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia, in which it has the right to earn up to a 49% interest in a joint venture with Astron Corporation Limited [1].

The appointment of Mr. Bhappu as President reflects Energy Fuels' commitment to maintaining its leadership position in the critical minerals sector. Mark S. Chalmers, President and CEO, expressed his delight in welcoming Mr. Bhappu to the team and highlighted the additional skill sets he brings to the team [1].

References:
[1] https://www.prnewswire.com/news-releases/energy-fuels-announces-appointment-of-president-302518107.html
[2] https://sg.finance.yahoo.com/news/energy-fuels-announces-appointment-president-101500979.html