Energy Fuels Posts $29.2 Million Q3 Revenue, Advances Rare Earth Expansion with White Mesa Processing Circuits

Energy Fuels reported $29.2 million in Q3 revenue and approved construction of commercial-scale heavy rare earth processing circuits at its White Mesa Mill, signaling a strategic shift toward critical materials dominance.

AI Industry News Staff
••Energy
Energy Fuels Posts $29.2 Million Q3 Revenue, Advances Rare Earth Expansion with White Mesa Processing Circuits

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) reported third-quarter 2026 revenue of $29.2 million, including $28.4 million from uranium sales of 320,000 pounds at an average realized price of $88.90 per pound. The company recorded a net loss of $52.4 million, or $0.20 per share, primarily reflecting $35.3 million in noncash, unrealized losses on marketable securities. Its uranium segment remained profitable for the third consecutive quarter, while working capital totaled $932.3 million as of Sept. 30, 2026. Energy Fuels also reported mining 385,000 pounds of contained uranium during the quarter, bringing year-to-date production to 1.1 million pounds.

The company completed its acquisition of Australian Strategic Materials in August, adding commercial-scale rare earth metal and alloy production capabilities, and continues advancing its planned acquisition of Vacuumschmelze, expected to close in early 2027. Energy Fuels also approved construction of commercial-scale heavy rare earth processing circuits at its White Mesa Mill in Utah, with commissioning targeted for 2028. To view the full press release, visit https://ibn.fm/qGmaY.

Energy Fuels is a leading U.S. critical materials company specializing in uranium, rare earth elements, heavy mineral sands, vanadium, and the development of medical isotopes. With several uranium projects in the western United States, Energy Fuels has been the top U.S. producer of natural uranium concentrate, supplying nuclear utilities. The Company owns the only fully licensed conventional uranium mill operating in the U.S. – the White Mesa Mill in Utah – where it also produces REE products and evaluates medical isotope recovery for emerging cancer therapies. Additionally, Energy Fuels is developing three heavy mineral sands/rare earths projects: the Vara Mada Project in Madagascar, Bahia Project in Brazil, and Donald Project in Australia (through a joint venture with Astron Limited).

The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU. This article has been disseminated on behalf of Energy Fuels Inc. and may include paid advertising. Energy Fuels (NYSE American: UUUU) (TSX: EFR) is featured on Rocks & Stocks, a specialized communications platform delivering deep insights into the mining industry. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries. For more information, please visit https://RocksAndStocks.news. Please see full terms of use and disclaimers on the Rocks & Stocks website applicable to all content provided by R&S, wherever published or re-published: https://RocksAndStocks.news/Disclaimer.

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