QualityStocksNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Joins with Neo Performance Materials (TSX: NEO) to Launch U.S.-European Rare Earth Production Initiative
Energy Fuels (NYSE American: UUUU) (TSX: EFR) has partnered with Neo Performance Materials (TSX: NEO) to unveil a new rare earth production initiative spanning both North American and European critical material supply chains. The separated rare earth products produced in Europe from U.S.-sourced feedstock should strengthen and diversify the U.S. and European rare earth supply chains. As outlined in the announcement, the initiative will produce value-added rare earth products from natural monazite sands processed by Energy Fuels in the Southeastern United States. The resulting mixed rare earth carbonate will be shipped to Neo’s rare earth separations facility in Estonia, where it…