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FAQ: Energy Fuels' Vara Mada Project Feasibility Study and Implications

By NewsRamp Editorial Team

TL;DR

Energy Fuels' Vara Mada project offers investors a $1.8 billion NPV and potential for $500 million annual EBITDA, providing a significant advantage in the critical minerals market.

Energy Fuels' feasibility study confirms a 38-year mine life at Vara Mada, with monazite processed at White Mesa Mill to supply U.S. rare earth oxide demand.

Energy Fuels' project strengthens U.S. critical mineral supply chains, supporting secure domestic production of materials essential for clean energy and medical technologies.

Energy Fuels discovered world-class rare earth, titanium, and zircon reserves in Madagascar that could supply U.S. demand for decades through innovative processing in Utah.

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FAQ: Energy Fuels' Vara Mada Project Feasibility Study and Implications

Energy Fuels Inc. released results from an updated feasibility study for its 100%-owned Vara Mada heavy mineral sands project in Madagascar, confirming exceptional project economics and world-class mineral reserves.

The study outlines a post-tax net present value of approximately $1.8 billion at a 10% discount rate (or $7.30 per share) and projects ramp-up to more than $500 million in annual EBITDA from the project alone.

The project contains world-class rare earth, titanium, and zircon mineral reserves and resources, with plans to process monazite produced at Vara Mada through Energy Fuels' White Mesa Mill in Utah.

The feasibility study models an initial 38-year mine life with potential for further expansion.

The project positions Energy Fuels to supply a significant portion of projected U.S. demand for both light and heavy rare earth oxides while supporting secure, U.S.-centered critical mineral supply chains.

The Vara Mada heavy mineral sands project is located in Madagascar and is 100% owned by Energy Fuels Inc.

Energy Fuels is a leading U.S.-based critical materials company focused on uranium, rare earth elements, heavy mineral sands, vanadium and medical isotopes, operating several projects in the western United States and internationally.

The latest news and updates relating to Energy Fuels (UUUU) are available in the company's newsroom at http://ibn.fm/UUUU.

Energy Fuels is developing three heavy mineral sands projects: the Vara Mada Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia (where Energy Fuels has the right to earn up to a 49% interest in a joint venture).

Energy Fuels is based near Denver, Colorado, and trades its common shares on the NYSE American under the trading symbol 'UUUU' and on the Toronto Stock Exchange under the trading symbol 'EFR'.

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NewsRamp Editorial Team

NewsRamp Editorial Team

@newsramp

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