Byron King, Mark Chalmers and Jack Lifton on Energy Fuels becoming ‘a domestic Gigafactory for critical minerals’ in the USA


In this episode of Critical Minerals Corner, Byron King and InvestorIntel Editor-in-Chief and Member of Advisory Board at Energy Fuels Inc. (NYSE: UUUU | TSX: EFR) Jack Lifton are joined by Mark Chalmers, President and CEO of Energy Fuels Inc. to discuss how Energy Fuels “could be a domestic gigafactory for critical minerals in the United States of America.”

Mark Chalmers started by saying that Energy Fuels is the only company in North America that provides exposure to the critical materials uranium, vanadium, and the rare earths. Providing an update on Energy Fuels’ agreements with Neo Performance Materials Inc.’s (TSX: NEO) and Nanoscale Powders, Mark went on to explain why Energy Fuels is “more advanced than any other company in North America” and provides an alternative to China for producing rare earths from monazites in the U.S., while operating at world-class standards. Jack Lifton added, “Energy Fuels is the only commercial producer of downstream rare earth products today in North America.”

To access the complete episode of this Critical Minerals Corner discussion, click here.

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3 responses

  1. Rob Dubeck Avatar
    Rob Dubeck

    Byron, I watched your YouTube video last year where you mentioned the Wicheeda project owned by Defense Metals of having some of the highest grade rare earth deposits. I think I’ve also read somewhere that you are also an investor. Would not Defense Metals deposit which has a monazite mix be a good supply for Energy Fuels who are looking for supply

  2. Sam Avatar

    Thank you for this very interesting interview. Am impressed by the ambition of Mark and his colleagues, and the excellent work they are doing. Been an investor in EFR since before Fukushima, and so very happy with the share price appreciation. Mark mentioned that his main issue is how to get his hands on more monazite, so my question is why not takeover Appia? They have plenty of both: Uranium and monazite rare earths.

  3. Marie Avatar

    Guys, In my research I was sure I had come across info relating to MP materials only having light Reem and the type of light that is NOT used in Magnets, but now cannot find what I had previously read. Is this info correct?

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