Energy Fuels Provides Update On Vanadium Production

Date: Apr 03, 2019

BEIJING (Asian Metal) 3 Apr 19 – On April 1, US-based Energy Fuels Inc. provided the following update on the Company’s ongoing vanadium production programs.

Energy Fuels is currently producing a high-purity vanadium product at commercial rates from the pond solutions at its 100%-owned White Mesa Mill, the only conventional vanadium processing facility located in the United States. The Mill has produced about 45 million pounds of vanadium pentoxide (“V2O5”) during its nearly 40-year operating history. As a result of facility upgrades and improved procedures put in place in 2018, the Mill is currently producing the highest-purity V2O5 in its history, averaging approximately 99.6% V2O5. The Company is currently selling this vanadium (as ferrovanadium) into the steel industry, and it continues to pursue opportunities to sell portions of this high-purity material into specialty chemical and aerospace markets.

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