EnergyNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Hits Record Uranium Production, Reports High-Grade Drill Results at Pinyon Plain 

Energy Fuels (NYSE American: UUUU) (TSX: EFR) reported record uranium mining rates at its Pinyon Plain mine in April, extracting 4,604 tons of ore containing approximately 151,400 pounds of uranium at an average grade of 1.64% eU₃O₈. This marks the highest monthly production since mining began and suggests significantly greater uranium yields than previously estimated. The company also released promising drill results from the Juniper Zone, including intercepts as high as 20.11% eU₃O₈. CEO Mark Chalmers stated these results could lead to increased reserves, lower costs and position Pinyon Plain as the leading U.S. uranium mine in the coming years.

To view the full press release, visit https://ibn.fm/HgVxW

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based critical minerals company, focused on uranium, rare earth elements (“REEs”), heavy mineral sands (“HMS”), vanadium and medical isotopes. The company has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities that process it further for the production of carbon-free nuclear energy, and owns and operates several conventional and in siturecovery uranium projects in the western United States. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States. At the mill, the company also produces advanced REE products and vanadium oxide (when market conditions warrant), and is preparing to begin pilot-scale recovery of certain medical isotopes from existing uranium process streams needed for emerging cancer treatments. The company also owns the operating Kwale HMS project in Kenya, which is nearing the end of its life, and is developing three additional HMS projects, including the Toliara Project in Madagascar, the Bahia Project in Brazil and the Donald Project in Australia, in which Energy Fuels has the right to earn up to a 49% interest in a joint venture with Astron Corporation Limited. The company is based in Lakewood, Colorado, with its heavy-mineral sands operations managed from Perth, Australia. For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

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