TSX:EFROil and Gas
Why Energy Fuels (TSX:EFR) Is Up 22.6% After Expanding White Mesa For Rare Earths And Uranium
In recent days, Energy Fuels Inc. reported second-quarter 2026 results showing higher sales of US$25.11 million but a wider net loss of US$33.38 million, issued full-year 2026 uranium production and sales guidance, and confirmed construction is underway to expand its White Mesa Mill in Utah for large-scale heavy rare earth oxide production.
This combination of growing revenue, continued losses, and government-backed investment in a mine-to-magnet rare earth and uranium platform marks a...