FAQ: Energy Fuels' First Production of High-Purity Dysprosium Oxide at White Mesa Mill

What is the main announcement from Energy Fuels Inc.?

Energy Fuels has completed production of its first kilogram of dysprosium oxide at pilot scale at their White Mesa Mill in Utah, with the material achieving 99.9% purity.

Why is this production significant?

This represents the first time a U.S. company has both produced high-purity dysprosium oxide and publicly disclosed actual production volumes and purities, demonstrating a fully non-Chinese rare earth oxide supply chain.

Where is the dysprosium oxide being produced?

The production is taking place at Energy Fuels’ White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States.

What is the purity level achieved and how does it compare to commercial standards?

The dysprosium oxide achieved 99.9% purity, which exceeds the 99.5% commercial specification requirement.

What is the expected production rate of dysprosium oxide?

The Mill expects to continue producing dysprosium oxide at a rate of two kilograms per week.

Where does the raw material for this production come from?

The dysprosium oxide is produced from monazite mined in Florida and Georgia.

Who has shown interest in this production?

Multiple magnet manufacturers and OEMs have expressed strong interest in obtaining samples to accelerate their validation processes.

What other products does Energy Fuels produce at the White Mesa Mill?

In addition to dysprosium oxide, Energy Fuels produces advanced REE products, vanadium oxide when market conditions warrant, and is evaluating potential recovery of medical isotopes for cancer treatments.

Where can investors find more information about Energy Fuels?

Investors can find the latest news and updates at http://ibn.fm/UUUU and more company information at http://www.energyfuels.com.