TSX:EFROil and Gas
Could Energy Fuels (TSX:EFR) Vara Mada Pivot Recast Its Rare Earths Investment Narrative?
Earlier this month, Energy Fuels announced it had renamed its Toliara Project in Madagascar to Vara Mada and outlined plans to revise its mine plan and cutoff grade to account for monazite recovery, while also preparing an exploration drilling program targeting potentially substantial additional heavy mineral sands resources in the Lower Sandy Unit.
This shift emphasizes Vara Mada’s role as a prospective new source of titanium, zircon, and rare earth minerals, potentially expanding Energy...