5 Fastest Growing Rare Earth Stocks to Invest In

2. Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Three-year Sales Growth: 73.99%

On March 25, Energy Fuels Inc. (NYSEAMERICAN:UUUU) announced it had successfully produced its first kilogram of high-purity terbium oxide at its White Mesa Mill in Utah, achieving a purity level of 99.9% at pilot scale. This milestone represents a significant advancement in the company’s efforts to establish a domestic rare earth processing capability, particularly for heavy rare earth elements such as terbium and dysprosium, which are critical inputs for high-performance magnets used in advanced technologies and are currently subject to supply constraints due to global concentration of production.

Energy Fuels Inc. (NYSEAMERICAN:UUUU) also outlined a roadmap to expand its rare earth element production capacity, including plans to scale pilot operations into commercial-level production by as early as 2027, followed by a Phase 2 expansion that could further increase output of key rare earth oxides such as neodymium-praseodymium (NdPr), terbium, and dysprosium. These expansions are expected to significantly enhance the company’s ability to process monazite feedstock into high-value rare earth products, positioning Energy Fuels as a key player in building a secure, domestic “mine-to-metal” supply chain for critical minerals in the United States.

Energy Fuels Inc. (NYSEAMERICAN:UUUU) is a leading U.S. producer of uranium, rare earth elements, and vanadium, anchored by its ownership of the White Mesa Mill—the only conventional uranium mill operating in the United States. Headquartered in Lakewood, Colorado, the company is leveraging its unique infrastructure to diversify into rare earth processing, creating a vertically integrated platform with significant growth potential.