MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Secures DOE Grant for Production of Rare Earth Elements
Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading producer of uranium in the United States, along with a team from Penn State University recently announced the award of a contract from the U.S. Department of Energy (“DOE”) Office of Fossil Energy (“FE”) and the National Energy Technology Laboratory (“NETL”). The government grant for an initial amount of $150,000 was awarded for the development of a design for the production of rare earth elements (“REEs”) from coal-based resources (https://ibn.fm/kMbwJ). If Energy Fuels is successful at the conceptual design phase, the DOE could award the company an additional $1.3 million to complete…