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Energy Fuels and Neo Performance Materials Announce Contract Signing and Launch of Commercial Shipments of Rare Earth Product to Europe in Emerging U.S.-Based Rare Earth Supply Chain
Energy Fuels and Neo Performance Materials Announce Contract Signing and Launch of Commer...
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[{"type":"text","content":"\n \n \n \n Energy Fuels and Neo Performance Materials Announce Contract Signing and Launch of Commercial Shipments of Rare Earth Product to Europe in Emerging U.S.-Based Rare Earth Supply Chain\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Physical shipment of commercial quantities of rare earths from Energy Fuels' White Mesa Mill in\n \n Utah\n \n to Neo Performance Materials' plant in\n \n Estonia\n \n represents an important milestone in creation of new rare earth supply chain\n \n \n \n \n TORONTO\n \n , ON and\n \n LAKEWOOD, Colo.\n \n ,\n \n July 7, 2021\n \n /CNW/ - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (\n \n \"Energy Fuels\"\n \n ) and Neo Performance Materials Inc. (TSX: NEO) (\"\n \n Neo\n \n \") are pleased to announce that the first container (approximately 20 tonnes of product) of an expected 15 containers  of mixed rare earth carbonate (\n \n \"RE Carbonate\"\n \n ) has been successfully produced by Energy Fuels at its White Mesa Mill in\n \n Utah\n \n (the\n \n \"Mill\"\n \n ) and is en route to Neo's rare earth separations facility in\n \n Estonia\n \n , creating a new\n \n United States\n \n -to-\n \n Europe\n \n rare earth supply chain.  Additional shipments of RE Carbonate are expected as Energy Fuels continues to process natural monazite sand ore (\"\n \n Monazite\n \n \") mined in\n \n Georgia\n \n (U.S.) by Chemours (NYSE: CC) for both the rare earth elements and naturally occurring uranium that it contains.\n \n \n \n \n \n \n \n \n \n This new supply chain will initially produce rare earth products from monazite that is processed into RE Carbonate at Energy Fuels' Mill in\n \n Utah\n \n .  The RE Carbonate is then processed by Neo at its Silmet rare earth processing facility in Sillamäe,\n \n Estonia\n \n (\"\n \n Silmet\n \n \") into separated rare earth oxides and other value-added rare earth compounds.  Neo is the only commercial producer of separated rare earth oxides in\n \n Europe\n \n .\n \n \n Monazite, which is...