Energy Fuels Disclosed The Commencement Of Uranium Production At Three Of Its Permitted And Developed Mines In Arizona And Utah And Preparing Two Additional Mines In Colorado And Wyoming For Expected Production Within One Year
Portfolio Pulse from Benzinga Newsdesk
Energy Fuels Inc. has announced the start of uranium production at three of its mines in Arizona and Utah. The company is also preparing two more mines in Colorado and Wyoming for production, expected to commence within the next year.
December 21, 2023 | 11:37 am
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Energy Fuels Inc. has begun uranium production at three mines and is preparing two additional mines for production, signaling growth in operations and potential increase in revenue.
The commencement of production at three mines and the preparation of two more indicates significant operational growth for Energy Fuels Inc. This expansion is likely to be viewed positively by investors, as it suggests potential for increased revenue and profitability, which could lead to a rise in the stock price in the short term.
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