24/7 Market News Snapshot 17 April, 2025 – Energy Fuels Inc. (NYSE:UUUU)

April 17, 2025

DENVER, Colo., 17 April, 2025 (www.247marketnews.com) – (NYSE:UUUU) are discussed in this article.
Energy Fuels Inc. (UUUU) has exhibited notable gains in its stock performance, marking an approximate increase of 12.30% today with its shares opening at $4.91 and currently trading at $4.975. This surge reflects a significant trading volume of 17.40 million shares, indicating heightened investor interest and potential volatility in the marketplace. Analysts are observing key support levels near $4.91 and resistance at $5.00, with the current bullish trend suggesting strong buying momentum that could signal further price appreciation in the near future.

In parallel with its stock performance, Energy Fuels has made substantial advancements in its capacity to produce crucial rare earth elements (REEs) at commercial scale, thereby enhancing its strategic position in a landscape fraught with global trade tensions. The company reported successful development of the technology to manufacture six of the seven rare earth oxides, including samarium, gadolinium, dysprosium, terbium, lutetium, and yttrium, as part of an expansion of its rare earth production capabilities.

Equipped to process monazite ore concentrates into neodymium-praseodymium oxide, Energy Fuels is preparing to rapidly upscale its production. This includes an enhanced capacity for generating light, mid, and heavy rare earth oxides, leveraging its sophisticated infrastructure which has previously supported uranium and vanadium production.

These developments coincide with broader national security initiatives, highlighted by President Trump’s recent Executive Order mandating a review of the effects of imported processed critical minerals. This underscores an urgent push for domestic production and positions Energy Fuels as a key contributor to mitigating supply chain risks.

Mark S. Chalmers, President and CEO, emphasized the company’s role in fostering U.S. energy security, urging governmental support for established producers. Energy Fuels anticipates a significant boost in its production capacity, aiming for an annual processing of up to 60,000 tonnes of monazite concentrate. This initiative not only strengthens the domestic critical minerals market but also fortifies America’s strategic resource landscape.

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