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Energy Fuels Inc seeks 'several paths' to increase uranium output, limit imports

Energy Fuels Inc (NYSE:UUUU, TSX:EFR) CEO Mark Chalmers tells Proactive Investors that the company filed a Section 232 trade petition to limit imports of developing countries' uranium into the U.S. Chalmers says the petition seeks to limit imports of uranium into the U.S., effectively reserving 25% of the U.S. nuclear market for U.S. uranium production.

Chalmers says it's a key year ahead, with Energy Fuels coming up with a number of options to improve and change its dynamics.

Quick facts: Energy Fuels Inc.

Price: 2.53 CAD

TSX:EFR
Market: TSX
Market Cap: $243.98 m
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Energy Fuels meeting production targets and maintaining a strong balance sheet

Curtis Moore, vice president of marketing and corporate development for Energy Fuels Inc (TSE:EFR) tells Proactive they sold 60,000 pounds of triuranium octoxide (U3O8) at an average realized price of US$58.28 per pound in the third quarter. Uranium production totalled 465,000 pounds of...

on 9/11/17

2 min read