Energy Fuels Announces Q3-2024 Results, Including Active Uranium Mining and Processing, Successful Rare Earth Production, and Continuing to Build a World-Scale Rare Earth Supply Chain Centered in the U.S.
1. Energy Fuels reported a Q3-2024 net loss of $12 million. 2. Company added a new long-term U.S. utility customer for uranium sales. 3. Uranium production core to strategy, aiming to produce up to 1.4 million pounds. 4. Acquisition of Base Resources could enhance production capabilities significantly. 5. Rare earth elements production expected to scale and support revenue growth.