Energy Fuels Inc. (NYSEAMERICAN:UUUU) is one of the best rare earth stocks to buy right now. On April 18, Energy Fuels Inc. (NYSEAMERICAN:UUUU) announced that directors J. Birks Bovaird and Alexander G. Morrison will not seek re‑election at the June 24, 2026, annual meeting. The company noted their decision was unrelated to any disagreements, and the board thanked them for their service.
On March 25, Energy Fuels Inc. announced a significant milestone in producing the first kilogram of terbium oxide at its White Mesa Mill in Utah. It marks the company’s first production of the heavy rare earth material in decades.
The production process achieved 99.9% terbium oxide purity at pilot scale using monazite ore sourced from Florida and Georgia. The milestone also comes on the heels of the company producing 30 kilograms of 99.9% pure dysprosium oxide, a key rare earth metal used in permanent magnets. According to Chief Executive Officer Mark Chalmers, the milestone underscores the company’s ability to process and produce high-purity heavy rare earth oxides.
Consequently, Energy Fuels remains focused on producing terbium oxide at about 1 kilogram per week through the pilot circuit. It also plans to expand its rare-earth element production capacity while aiming for commercial-scale recovery of dysprosium, terbium, samarium, europium, and gadolinium.
Energy Fuels Inc. (NYSEAMERICAN:UUUU) is a leading U.S.-based critical minerals company primarily focused on mining and processing uranium to supply carbon-free nuclear energy. They operate the White Mesa Mill in Utah—the only conventional uranium mill in the U.S.—along with several uranium mines and ISR projects.
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