Energy Fuels Inc., a leading U.S.-based producer of uranium and vanadium with a market cap of approximately $700 million, has been awarded the 2024 Evergreen Award for Excellence in Clean Energy Mineral Production. This prestigious recognition highlights the company’s significant contributions to clean energy initiatives through the responsible production of essential minerals critical to advancing renewable energy technologies and reducing global carbon emissions.

Powering Clean Energy Technologies with Critical Minerals

Energy Fuels plays a pivotal role in the transition to clean energy by supplying high-quality uranium and vanadium. Uranium fuels carbon-free nuclear power plants, a cornerstone of global decarbonization efforts, while vanadium is a key component in advanced batteries used for energy storage in renewable power systems. Together, these minerals are foundational to building a sustainable energy future.

Expertise in Resource Extraction and Sustainability

With decades of expertise, Energy Fuels operates at the forefront of the mining sector, utilizing environmentally responsible methods to produce uranium and vanadium. The company’s focus on innovation, efficiency, and compliance with strict environmental standards ensures its operations benefit both the energy sector and surrounding communities.

Building Trust Through Environmental Stewardship

Energy Fuels is committed to sustainability and minimizing its environmental impact. By implementing best practices in resource management and prioritizing the reclamation of mined lands, the company exemplifies how critical mineral production can align with ecological preservation.

Strong Market Position in a Growing Industry

With a market cap of $700 million, Energy Fuels is well-positioned to meet the increasing global demand for clean energy minerals. The company’s strategic operations, including its uranium production in the United States, reinforce its leadership in supplying the materials needed to power the world’s shift toward renewable energy.

Differentiating Through Strategic Impact and Innovation

Energy Fuels distinguishes itself by its dual focus on producing essential minerals for clean energy technologies and advancing rare earth element processing capabilities in the U.S. This diversification strengthens its role in supporting energy independence and addressing supply chain vulnerabilities for critical materials.

Celebrating Leadership in 2024

The 2024 Evergreen Award for Excellence in Clean Energy Mineral Production acknowledges Energy Fuels’ instrumental role in shaping the future of energy through its contributions to clean, reliable, and sustainable power sources. This recognition highlights the company’s leadership in ensuring a stable supply of minerals that are vital to combating climate change and fostering a greener planet.

Supporting a Sustainable Future for Energy

As a recipient of this prestigious award, Energy Fuels reaffirms its position as a cornerstone of the clean energy transition. Its commitment to responsible mineral production, sustainability, and innovation cements its role as a key player in achieving global climate goals.

For more information about Energy Fuels and its contributions to clean energy initiatives, visit www.energyfuels.com.

This award celebrates Energy Fuels Inc.’s unwavering dedication to powering a sustainable future, marking 2024 as a milestone year in its mission to support global clean energy development.