FAQ: Energy Fuels Inc. Exceeds Uranium Production Estimates at Pinyon Plain Mine in Q2 2025

What did Energy Fuels Inc. announce regarding its Pinyon Plain mine?

Energy Fuels Inc. announced that its Pinyon Plain uranium mine in Arizona significantly exceeded production expectations in Q2 2025, mining 638,700 pounds of U₃O₈, with June alone contributing 230,661 pounds at an average grade of 3.51% U₃O₈.

Why is the production at Pinyon Plain mine significant?

The production is significant because CEO Mark S. Chalmers described Pinyon Plain as likely to be one of the highest-grade uranium deposits mined in U.S. history, with the mine’s performance in Q2 2025 exceeding expectations.

How much uranium did Energy Fuels Inc. sell in Q2 2025 and at what price?

In Q2 2025, Energy Fuels Inc. sold 50,000 pounds of uranium on the spot market at an average price of $77 per pound.

What are Energy Fuels Inc.’s sales projections for Q3 and Q4 2025?

Energy Fuels Inc. expects to sell 140,000 pounds of uranium in Q3 and 160,000 pounds in Q4 2025 under long-term contracts.

What are the projected uranium sales for Energy Fuels Inc. in 2026?

For 2026, Energy Fuels Inc. projects uranium sales to be between 620,000 and 880,000 pounds.

Where is the Pinyon Plain mine located?

The Pinyon Plain mine is located in Arizona, USA.

Who is the CEO of Energy Fuels Inc.?

The CEO of Energy Fuels Inc. is Mark S. Chalmers.

What other minerals does Energy Fuels Inc. produce besides uranium?

Besides uranium, Energy Fuels Inc. produces rare earth elements (REEs), heavy mineral sands (HMS), vanadium, and is preparing to recover certain medical isotopes for emerging cancer treatments.

Where can I find more information about Energy Fuels Inc.?

More information about Energy Fuels Inc. can be found on their website at www.EnergyFuels.com or in their newsroom at http://ibn.fm/UUUU.