Energy Fuels Inc. CEO Highlights Firm’s Competitive Advantages Following US Nuclear Fuel Working Group Recommendations to Support Domestic Uranium Miners

NEW YORK, June 15, 2020 (GLOBE NEWSWIRE) -- via NetworkNewsAudio — Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) today announces that its president and CEO, Mark Chalmers, has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 45+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Chalmers discussed Energy Fuels’ unique competitive advantages in the mining and production of uranium, vanadium and rare earth minerals, as well as the company’s recent milestones and operational goals for the balance of 2020.

The broadcast can be heard at The NetworkNewsAudio Interviews Podcast.

Chalmers started the interview by providing an overview of Energy Fuels and detailing what makes the company unique in the uranium mining sector.

“There’s no company like Energy Fuels out there in the world,” he said. “We’re first and foremost a uranium production company… we are the largest producer of uranium in the United States. We also have the only primary vanadium production facility in the U.S., and we’re embarking on a new initiative, rare earth elements, which is getting a lot of attention in that sector.”

Continuing with the theme of what separates Energy Fuels from its competitors, Chalmers then spoke to the experience of the company’s management team. “We have the most experienced team of professionals in the space in the United States, if not one of the most experienced in the world. That’s a real differentiator for us,” he noted. “Having a proven track record in a very difficult, challenging business is very important to investors and to our company.”

Recent moves by the Trump administration have placed particular governmental emphasis on the production of critical minerals, as underlined by the recent recommendations of the U.S. Nuclear Fuel Working Group to rebuild the nuclear fuel cycle of the United States. Chalmers described how these efforts could present an opportunity for Energy Fuels moving forward.

“We’ve increased the focus on the unique aspect of our business, being able to supply critical minerals for the United States, where we’ve become very dependent… on countries like Russia and China,” he said. “Most people don’t appreciate that the United States is the largest consumer of uranium in the world, and we were very proud that we were able to get that elevated to the highest levels of the current administration.”