Energy Fuels Inc. Appoints Ross R. Bhappu as President to Strengthen Leadership in Critical Minerals Sector

Energy Fuels Inc., a prominent U.S. producer of uranium, rare earth elements, and critical minerals, announced the appointment of Ross R. Bhappu as President, effective August 4, 2025. This decision is part of the company's long-term succession strategy, with Mark S. Chalmers continuing in his roles as Chief Executive Officer and Director. Bhappu's extensive 35-year career in mining and private equity, including a significant tenure with Resource Capital Funds, positions him as a valuable addition to the leadership team. His expertise in project evaluation, development, finance, and acquisitions is expected to drive Energy Fuels' initiatives in uranium and rare earth elements forward.

The appointment comes at a time when the demand for critical minerals, essential for clean energy technologies and nuclear power, is on the rise. Energy Fuels operates several uranium projects in the western United States and owns the White Mesa Mill in Utah, the only conventional uranium processing facility in the country. The company's focus on producing advanced rare earth element products and evaluating the recovery of medical isotopes for cancer treatments underscores its role in the green economy and healthcare sector.

For more details on Energy Fuels Inc. and its operations, visit http://www.energyfuels.com. Additional news and updates about the company can be found at http://ibn.fm/UUUU.

This leadership transition highlights Energy Fuels' commitment to strengthening its position in the critical minerals sector, ensuring the company remains at the forefront of producing materials vital for a sustainable future and advanced medical treatments.