Energy Fuels: Terbium Production to Commence in Q4 2025

Energy Fuels, a critical minerals company, is focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes. The company owns and operates several uranium projects in the US and the White Mesa Mill in Utah. Energy Fuels is developing three HMS projects, including the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia. The Toliara Project is located in south-west Madagascar.

Energy Fuels Inc. (NYSE: UUUU, TSX: EFR), a leading U.S. producer of uranium, rare earths, and critical minerals, has achieved a significant milestone in its rare earth oxide production. The company has successfully produced its first kilogram of dysprosium (Dy) oxide at pilot scale at its White Mesa Mill in Utah, achieving a purity of 99.9% [1].

The White Mesa Mill, located in Blanding, Utah, is the only fully licensed and operating conventional uranium processing facility in the United States. Energy Fuels believes it is the first U.S. company to both produce high-purity Dy oxide and publicly disclose actual production volumes and purities. The Dy oxide is being produced from monazite mined in Florida and Georgia, USA, demonstrating the viability of a completely non-Chinese rare earth oxide supply chain [1].

The company plans to continue producing Dy oxide at a rate of two (2) kilograms per week and expects to produce high-purity terbium (Tb) oxide by the end of 2025. Energy Fuels intends to construct and commission commercial-scale Dy, Tb, and potentially other "heavy" REE separation capacity at the White Mesa Mill by Q4-2026 [1].

Energy Fuels' success in producing high-purity Dy oxide is a testament to the Mill's world-class rare earth element (REE) production capabilities. The company's focus on developing a domestic supply chain for critical minerals is aligned with the growing demand for clean energy and advanced technologies. The company's strategic projects, including the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia, are part of its broader efforts to secure a reliable supply of heavy mineral sands and rare earth elements [2].

References:
[1] https://www.prnewswire.com/news-releases/energy-fuels-successfully-produces-first-kilogram-of-99-9-purity-dysprosium-oxide-at-its-white-mesa-mill-in-utah-on-track-to-commence-terbium-production-in-q4-2025--302535303.html
[2] https://stockhouse.com/companies/bullboard?symbol=uuuu