Energy Fuels gains after rare earth oxide qualifies for magnet production
ReutersDec 19, 2025 12:32 PM
Shares of miner Energy Fuels UUUU.A up 2.2% at $14.29 premarket
Company's dysprosium (Dy) oxide qualifies benchmarks of a South Korean automotive manufacturer for downstream rare earth permanent magnet (REPM) production
Dy is a key additive in neodymium-iron-boron used to power electric vehicles and defense systems
Company will also begin piloting terbium oxide production at the White Mesa Mill next week and expects to offer kilogram-scale samples for qualification in early 2026
As of last close, UUUU up 172.5% YTD
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