Energy Fuels Reports Strong Q3 2025 Results with $1 Billion Working Capital, Advances Uranium and Rare Earth Operations

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) announced financial results for the quarter ended September 30, 2025, demonstrating substantial progress in both uranium production and rare earth element development. CEO Mark Chalmers reported the company achieved higher sales, increased revenues, and maintained low-cost uranium production, positioning the company for improved gross margins in 2026.

The company's uranium operations showed continued strength as a leading U.S. producer of natural uranium concentrate, which is sold to nuclear utilities for carbon-free nuclear energy production. This performance comes at a critical time when global demand for reliable, clean energy sources is accelerating amid climate change concerns and energy security priorities.

Energy Fuels made significant strides in its rare earth elements segment, advancing heavy rare earth element pilot production at its White Mesa Mill facility in Utah. The company achieved neodymium-praseodymium (NdPr) qualification for major automakers, a crucial development for electric vehicle manufacturers that rely on these materials for high-performance magnets in electric motors. This qualification represents a major step toward domestic supply chain security for critical EV components.

The company also secured government approvals for the Donald Project joint venture in Australia, where Energy Fuels has the right to earn up to a 49% interest in partnership with Astron Corporation Limited. This international expansion strengthens the company's position in the global critical minerals market and diversifies its geographic footprint.

Financially, Energy Fuels ended the quarter with nearly $1 billion in working capital following a successful $700 million upsized convertible note offering. This substantial capital position provides the company with significant flexibility to fund ongoing operations, expand production capacity, and pursue strategic opportunities in the rapidly evolving critical minerals sector. The full details of the quarterly performance are available in the official press release at https://ibn.fm/1axo4.

These developments are particularly significant given growing concerns about supply chain vulnerabilities for critical minerals essential to clean energy technologies, national security applications, and advanced manufacturing. Energy Fuels' progress in both uranium and rare earth elements positions the company as a key player in securing domestic supplies of materials crucial for the energy transition. Investors and industry observers can access additional company updates through the corporate newsroom at http://ibn.fm/UUUU.

The company's diversified approach across uranium, rare earth elements, and other critical minerals provides multiple revenue streams while addressing strategic national priorities. With the White Mesa Mill remaining the only fully licensed and operating conventional uranium processing facility in the United States, Energy Fuels maintains a unique position in the domestic critical minerals landscape that supports both energy security and technological advancement.