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Why Is Energy Fuels Stock Soaring Tuesday? - Energy Fuels (AMEX:UUUU)

Energy Fuels will supply high-purity rare earth oxides from U.S. mines to Vulcan Elements, supporting critical technologies and defense through a supply chain independent of China.

Summary by Benzinga
Energy Fuels Inc. (NYSE:UUUU) shares surged after the company announced a memorandum of understanding with Vulcan Elements to build a U.S.-based supply chain for rare-earth magnets. Under the deal, Energy Fuels will supply high-purity neodymium-praseodymium (NdPr) and dysprosium (Dy) oxides to Vulcan later this year for testing and future magnet production. The oxides will be refined at its White Mesa Mill in Utah using mineral concentrates from…

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PR Newswire broke the news in United States on Tuesday, August 26, 2025.
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