Energy Fuels Inc. has successfully produced its first kilogram of 99.9% pure terbium oxide at its White Mesa Mill in Utah, using domestically sourced monazite ore. The material meets specifications required by global manufacturers of rare earth permanent magnets, which are essential components in electric vehicles, wind turbines, and various defense applications. This achievement follows the company's recent production of nearly 30 kilograms of 99.9% pure dysprosium oxide, another critical heavy rare earth element.
The production milestone supports Energy Fuels' strategy to establish a secure domestic supply chain for materials deemed critical by the U.S. government. Currently, the United States and other Western nations rely heavily on imports for these materials, creating potential vulnerabilities in supply chains for clean energy and national security technologies. The company will continue pilot-scale production at approximately one kilogram per week, with plans to expand to commercial-scale output as early as 2027.
At full commercial scale, Energy Fuels targets annual production of up to 12 tonnes of terbium and 35 tonnes of dysprosium. This expansion is tied to broader rare earth oxide capacity growth through future circuit expansions at the White Mesa Mill. The company's progress in producing these specific oxides is particularly significant because terbium and dysprosium are considered among the most critical and strategically important rare earth elements due to their role in high-performance magnets that operate at elevated temperatures.
The successful production using U.S.-sourced ore demonstrates the technical viability of domestic rare earth processing, which could reduce dependence on foreign supply chains. For more detailed information on the company's operations and strategy, visit http://www.energyfuels.com. The development comes as global demand for rare earth elements continues to grow, driven by the transition to renewable energy and electrified transportation. Establishing domestic production capabilities for these materials could have substantial implications for U.S. energy security, manufacturing competitiveness, and technological leadership in clean energy sectors.
The White Mesa Mill in Utah represents a key asset in this domestic supply chain effort, as it is the only fully licensed and operating conventional uranium processing facility in the United States that also produces advanced rare earth element products. Energy Fuels' ability to leverage existing infrastructure and expertise positions the company to potentially accelerate the development of a domestic rare earth supply chain. Investors and industry observers can find additional updates relating to the company at http://ibn.fm/UUUU.
