Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) announced that its high-purity dysprosium oxide has successfully passed all initial purity and quality assurance and quality control (QA/QC) benchmarks of a major South Korean automotive manufacturer for use in downstream rare earth permanent magnet production. This qualification marks a significant milestone in the company’s critical materials strategy, validating its ability to produce separated heavy rare earth oxides from monazite at its White Mesa Mill in Utah. The news follows the company’s earlier qualification of neodymium-praseodymium oxide for magnet applications.
Energy Fuels reported it has produced approximately 29 kilograms of dysprosium oxide at pilot scale to date, achieving 99.9% purity, exceeding automotive specifications. This achievement underscores the company’s role in strengthening U.S. and allied rare earth supply chains amid ongoing global supply constraints. The White Mesa Mill is the only fully licensed and operating conventional uranium processing facility in the United States, and Energy Fuels is leveraging its infrastructure to produce advanced rare earth element (REE) products.
Dysprosium is a critical heavy rare earth element used in permanent magnets for electric vehicles and other high-tech applications. The successful qualification by a major automotive manufacturer demonstrates that Energy Fuels can meet stringent industry standards, potentially opening doors for further commercial agreements. The company’s integrated approach, combining uranium, REEs, heavy mineral sands, vanadium, and medical isotopes, positions it as a key player in the domestic critical materials supply chain.
Energy Fuels is also advancing three heavy mineral sands projects: the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia, where it has the right to earn up to a 49% interest in a joint venture with Astron Corporation Limited. These projects are expected to provide additional sources of rare earth elements and other critical minerals.
For more information on Energy Fuels, visit the company’s website at http://www.energyfuels.com and its newsroom at http://ibn.fm/UUUU.
