Energy Fuels Marks Milestones in Production of Domestic Feedstock for Magnets in USA, Plans Expansions
Minerals producer Energy Fuels, now led by a new CEO, reports it has reached a new milestone in its quest to become a major American producer of rare earth oxides for magnet manufacturing. The company has successfully produced its first kilogram of terbium (Tb) oxide at its White Mesa Mill in Utah. Using monazite ore sourced from the southern United States, the team achieved a purity of 99.9% Tb at pilot scale, which meets the specifications of global manufacturers of rare earth permanent magnets. […]