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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Joins with Neo Performance Materials to Create New Rare Earth Supply Chain Spanning North America and Europe

  • Energy Fuels, Neo join in initiative that will strengthen, diversify U.S. and European rare earth supply chains
  • In 2021, UUUU will ship mixed rare earth carbonate to Neo’s plant in Europe, where it will be separated into commercial value-added product
  • Partnership marks first time in two decades that monazite ore from U.S. will be used to manufacture separated rare earth materials outside of China

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has joined with Neo Performance Materials (TSX: NEO) in a new rare earth production initiative that spans North American and European critical material supply chains (https://ibn.fm/YnEYB). The initiative, which calls for feedstock from the United States to be used to produce separated rare earth products in Europe, should strengthen and diversify both U.S. and European rare earth supply chains.

“Together, Energy Fuels, Neo and Chemours have successfully created an integrated rare earth supply chain based in the U.S. and Europe,” said Energy Fuels president and CEO Mark S. Chalmers…

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NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

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