Energy Fuels’ (UUUU) Rare Earth Oxide Qualifies for Automotive Magnet Production

The share price of Energy Fuels Inc. (NYSEAMERICAN:UUUU) surged by 3.43% between December 12 and December 19, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Energy Fuels' (UUUU) Rare Earth Oxide Qualifies for Automotive Magnet Production

Energy Fuels Inc. (NYSEAMERICAN:UUUU) is a leading US-based critical minerals company, focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes.

Energy Fuels Inc. (NYSEAMERICAN:UUUU) shot up on December 19 when the company announced that its high-purity dysprosium oxide had passed all initial quality benchmarks of a South Korean automotive manufacturer for use in rare earth permanent magnet (REPM) production. Dy oxide is a key additive in REPMs, which help power electric vehicles, advanced robotics, and several crucial defense systems.

Mark S. Chalmers, CEO of Energy Fuels Inc. (NYSEAMERICAN:UUUU), stated:

“Production of dysprosium oxide that meets stringent magnet specifications is yet another key milestone in the Company’s critical materials strategy, demonstrating Energy Fuels’ unique and rapidly expanding capabilities in the rare earth sector, and in particular our ability to produce high-purity separated ‘heavy’ rare earth oxides from monazite at our White Mesa Mill in Utah. This achievement is even more notable by the fact our dysprosium oxide was validated by a well-known third-party end-user. I commend our creative and hardworking team at the Mill for this impressive accomplishment.”

Also on December 19, Texas Capital initiated coverage of Energy Fuels Inc. (NYSEAMERICAN:UUUU) with a ‘Buy’ rating and a price target of $20, indicating an upside potential of almost 33% from the current share price. The analyst firm acknowledged Energy Fuels’  White Mesa Mill’s status as the only conventional uranium mill operating in the US. Based in Utah, the facility has a licensed production capacity of 8 million pounds annually.

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Disclosure: None.