Creating a Domestic Supply Chain of Critical Minerals: Energy Fuels and Chemours Join Forces
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Creating a Domestic Supply Chain of Critical Minerals: Energy Fuels and Chemours Join Forces

Energy Fuels and Chemours Form Alliance to Enhance U.S. Rare Earth and Critical Mineral Supply Chains

DENVER, March 18, 2025 /PRNewswire/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) and The Chemours Company (NYSE: CC) have announced a strategic alliance to expand their relationship and bolster U.S. domestic rare earth and critical mineral supply chains to meet growing demand.

The collaboration between Energy Fuels and Chemours leverages their unique capabilities to address America’s critical mineral supply chain challenges in rare earth elements, titanium, and zirconium. Energy Fuels, a leading U.S. producer of rare earth elements, is developing heavy mineral sands projects in Madagascar, Brazil, and Australia, while Chemours mines and separates heavy mineral sands in Florida and Georgia.

Mark Chalmers, President and CEO of Energy Fuels, highlighted the significance of the alliance, stating, “Energy Fuels and Chemours have successfully collaborated over the past four years, and we are excited to expand our partnership in this crucial area.” Damián Gumpel, President of Chemours Titanium Technologies, expressed pride in contributing to strengthening U.S. critical and rare earth mineral supply.

The National Mining Association’s President and CEO, Rich Nolan, commended the alliance as a step towards reshoring mineral supply chains and ramping up domestic production to satisfy the increasing demands of modern society. Senator Mike Lee emphasized the importance of a strong domestic supply chain for critical minerals, echoing the sentiment that secure supply chains start at home.

Senator John Curtis praised Energy Fuels and Chemours for their strategic alliance, emphasizing the significance of strengthening America’s domestic critical mineral supply chain. Rep. Kat Cammack also expressed gratitude for the collaboration, recognizing the importance of developing advanced critical mineral supplies in the U.S.

About Energy Fuels:
Energy Fuels is a leading U.S.-based critical minerals company focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes. The company operates conventional and in-situ recovery uranium projects in the western United States, including the White Mesa Mill in Utah. Energy Fuels is also developing heavy mineral sands projects in Madagascar, Brazil, and Australia.

The company’s primary trading market is the NYSE American under the symbol “UUUU” and the Toronto Stock Exchange under the symbol “EFR.”

In conclusion, the strategic alliance between Energy Fuels and Chemours marks a significant step towards enhancing U.S. rare earth and critical mineral supply chains. By leveraging their unique capabilities and geographic synergies, the companies aim to meet the increasing demand for these essential minerals. This collaboration not only strengthens America’s domestic supply chain but also contributes to national security and economic growth. Further engagement and support for initiatives like these are crucial for ensuring a sustainable and secure supply of critical minerals in the United States.