Tag: Energy Fuels Inc
-
Colorado-based Energy Fuels acquiring Australian rare-earth producer for $299M
Colorado-based Energy Fuels Inc. on Tuesday announced it is acquiring an Australian company that produces rare earth elements and alloys in a deal worth $299 million. The Lakewood-based company, which described itself as a leading U.S. producer of uranium, rare earth elements and other critical materials, said its acquisition of Australian Strategic Materials would make…
-
Rare earth minerals essential to renewable energy not as rare as advertised
The confluence of the need for renewable energy with China’s dominance in the “rare earth minerals market” puts America’s supply chains for these essential components in a precarious position, say extraction and refining executives in Denver. China controlled more than 80% of the supply for these minerals in 2017, but that share of worldwide production…