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Energy Fuels Applauds President Trump's Executive Order Declaring State of Emergency to Address America's Overreliance on Critical Minerals from Foreign Adversaries; Includes Uranium, Vanadium and Rare Earth Elements
Energy Fuels Applauds President Trump's Executive Order Declaring State of Emergency to A...
About this update from Energy Fuels Inc.
[{"type":"text","content":"EnergyFuelsApplaudPre\n \n \n \n Energy Fuels Applauds President Trump's Executive Order Declaring State of Emergency to Address America's Overreliance on Critical Minerals from Foreign Adversaries; Includes Uranium, Vanadium and Rare Earth Elements\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 LAKEWOOD, Colo., Oct. 1, 2020\n \n \n \n \n \n Energy Fuels is a leading U.S. producer of uranium and vanadium and expects to soon enter the rare earth elements processing business\n \n \n \n \n LAKEWOOD, Colo.\n \n ,\n \n Oct. 1, 2020\n \n /CNW/ -\n \n Energy Fuels Inc.\n \n (NYSE American: UUUU) (TSX: EFR)\n \n (\"Energy Fuels\")\n \n , a leading producer of uranium and vanadium in the United States, is pleased to announce that last night President Trump issued an\n \n Executive Order on Addressing the Threat to the Domestic Supply Chain from Reliance on Critical Minerals from Foreign Adversaries\n \n (the \"\n \n Order\n \n \"). The full text of the Order can be found\n \n here\n \n ; President Trump's message to Congress can be found\n \n here\n \n ; and, a fact sheet summarizing the Executive Order can be found\n \n here\n \n . The Company believes the Order may be a major step toward providing tangible support and/or funding to be directed toward producers and processors of critical minerals, which may include Energy Fuels.\n \n \n In 2018, the Secretary of Interior issued a final list of 35 minerals deemed critical to U.S. national security and the economy, which can be found\n \n here\n \n . The list includes uranium, vanadium, and the rare earth elements group. Energy Fuels has been the leading U.S. producer of uranium since 2017, and the Company's assets have produced over 16 million pounds of uranium since 2006, placing the Company second only to Cameco in the U.S. In 2019, Energy Fuels produced 1.8 million pounds of high-purity vanadium, making the Company the largest producer of vanadium in the U.S. last year. Earlier this year, the Company announced its plan to enter into the rare earths proc...