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Energy Fuels Receives Federal Government Approvals for Expansion of its La Sal Complex of Uranium and Vanadium Mines
Energy Fuels Receives Federal Government Approvals for Expansion of its La Sal Complex of ...
About this update from Energy Fuels Inc.
[{"type":"text","content":"\n\n\n\nEnergy Fuels Receives Federal Government Approvals for Expansion of its La Sal Complex of Uranium and Vanadium Mines\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\n\n\n\n\n\n\nCanada NewsWire\nLAKEWOOD, CO, Feb. 26, 2018\n\n\n\nLAKEWOOD, CO, Feb. 26, 2018 /CNW/ - Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (\"Energy Fuels\" or the \"Company\"), a leading producer of uranium in the United States, is pleased to announce that it has received approval from the U.S. Bureau of Land Management (\"BLM\") and U.S. Forest Service (\"USFS\") for the expansion of its 100%-owned La Sal Complex of uranium/vanadium mines (the \"La Sal Complex\").\n\nMark S. Chalmers, President and CEO of Energy Fuels, stated: \"We are pleased that the BLM and USFS issued approvals for expansion of this project following a comprehensive multi-year analysis. This is particularly important, as the mines and properties comprising the La Sal Complex contain large quantities of uranium resources, along with significant high-grade vanadium resources. We have recently seen vanadium prices increase significantly, and our nearby White Mesa Mill has a long history of producing uranium and vanadium from these mines. The Environmental Assessment prepared for the expansion of this project thoroughly considered all aspects of proposed operations, including environmental protection, transportation, cultural issues, jobs, economic benefits, and environmental justice concerns. This project is fully-permitted and constructed, and is currently on standby status, ready to resume mining operations within approximately six months of a production decision, with minimal capital required. We believe these approvals once again demonstrate that Energy Fuels is a responsible operator and an asset to the region. We also acknowledge and appreciate the hard work and professionalism of the BLM and USFS staff involved in the preparation of this EA. We are the largest private employer in San Juan County, Utah, including a major employer of Native Americans, and these approvals set the stage for our Company to grow in the region in ...