Energy Fuels (NYSE American: UUUU) (TSX: EFR) Makes First Shipment to Neo Performance Materials Inc. (TSX: NEO) in Emerging US-Based Rare Earth Supply Chain

  • The first container of mixed RE carbonate has been shipped from the United States to Europe.
  • The announcement marks important achievement, not only for UUUU and NEO, but also for U.S. government efforts to restore critical rare earth supply chains.
  • Energy Fuels is the only North American company that currently produces a monazite-derived, enhanced rare earth material.

A milestone has been reached in the quest to create a new rare earth supply chain based in the United States. Energy Fuels (NYSE American: UUUU) (TSX: EFR) and Neo Performance Materials (TSX: NEO) have announced that the first container of mixed rare earth (“RE”) carbonate has been shipped from UUUU’s White Mesa Mill in Utah to NEO’s rare earth separation facility in Estonia, creating a new United States-to-Europe rare earth supply chain.

“Today, Energy Fuels and Neo took significant steps toward restoring critical U.S. and European rare earth supply chains,” said Energy Fuels president and CEO Mark S. Chalmers. “Energy Fuels has methodically…

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