Energy Fuels Inc. (NYSE: UUUU) Expands Rare Earth Element Processing Capabilities

Core Insights - Energy Fuels Inc. is enhancing its rare earth element processing capabilities through a Phase 2 circuit expansion at the White Mesa Mill in Utah, positioning itself as a significant contributor to the U.S. rare earth supply chain [1][6] - Roth Capital has set a price target of $13 for Energy Fuels' stock (UUUU), indicating a potential decrease of about 40% from its current trading price of $21.87, despite a recent increase of 4.57% [2][6] - The Bankable Feasibility Study (BFS) for the White Mesa Mill expansion indicates promising economic potential, with plans to produce 6,000 tonnes per annum of Neodymium-Praseodymium (NdPr), 240 tonnes per annum of Dysprosium, and 66 tonnes per annum of Terbium, alongside lower-than-expected capital expenditure and significant annual EBITDA [3][6] - The company aims to achieve a first quartile cost position for NdPr production, which would make it one of the lowest-cost producers globally, addressing the rare earth processing bottleneck in the U.S. [4] - Energy Fuels has a market capitalization of approximately $5.19 billion, with a trading volume of 14,536,404 shares, and its stock has shown significant price movement within a 52-week range of $3.20 to $27.33 [5]