Why Energy Fuels Stock Is Powering Higher Today

Core Viewpoint - Energy Fuels' stock is experiencing a significant increase due to developments in its rare-earth operations rather than its uranium business [1][4]. Group 1: Stock Performance - As of 12:04 p.m. ET, shares of Energy Fuels are up 8.3%, having previously climbed as much as 11.6% [2]. Group 2: Rare-Earth Production - Energy Fuels has achieved the production of its first kilogram of dysprosium oxide at its White Mesa Mill in Utah, claiming to be the first U.S. company to produce high-purity dysprosium oxide and disclose production volumes and purities [4]. - The company is also exploring the production of terbium oxide and plans to develop these elements at a commercial scale, with production expected to start as soon as the fourth quarter of 2026 [5]. Group 3: Industry Context - The domestic production of rare-earth elements is a priority for the U.S. government, highlighted by a public-private partnership between the Department of Defense and MP Materials [6]. Group 4: Investment Considerations - The successful production of rare-earth elements strengthens the bullish case for Energy Fuels, although the company remains unprofitable and the development of the rare-earth elements separation facility involves significant capital expenditure [7].