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March 10, 2021 at 18:25 PM EST Will These Uranium Stocks Keep Gaining In The Market? One big sector of the market at the moment is Uranium. It’s already a huge industry with mines all over the world. But Uranium is also an industry that has been impacted by COVID-19 as well. COVID caused Uranium stocks to reach levels they had not seen since the 2011 Fukushima Daiichi nuclear disaster in Japan. That event shut down major supply sources. Yet this recent uptick was not caused by changing uranium prices or government related things. One analyst believes that there is a uranium short squeeze happening by Reddit traders. The analysts, Greg Barnes of TD Securities, stated that on February 1 st a subreddit named r/UraniumSqueeze was created. A few days later, the page had more than 686 members. Now the group has reached more than 3,000 members. Uranium investors are unsure how much these retail investors are affecting the price of the energy. It seems like retail investors might ....
Share this article Share this article Energy Fuels expects to commercially produce an intermediate rare earth element product at a stage more advanced than any other U.S. company. LAKEWOOD, Colo, March 9, 2021 /PRNewswire/ - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ( Energy Fuels or the Company ) is pleased to announce that the first shipments of natural monazite ore arrived at the Company s White Mesa Mill (the Mill ) in Blanding, Utah this past weekend. This material was separated by The Chemours Company at its Offerman Mineral Sand Plant in Georgia and transported by truck to the Mill. In the coming weeks, Energy Fuels expects to gradually ramp-up production of an intermediate rare earth element ( REE ) product, called a mixed REE carbonate. This product will then advance to REE separation, which is the next stage in the REE value chain. Energy Fuels also expects to recover the uranium in the ore, which will be used as fuel for the generati ....
Energy Fuels Inc says first shipments of natural monazite ore arrived at the company's White Mesa Mill in Blanding, Utah proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.