Energy Fuels Signs Agreement to Develop Rare Earth Metal Tech

• New tech has the potential to reduce costs of production, energy consumption, and greenhouse gas emissions
• MOU key step in building a new, environmentally friendly REE supply chain in the United States
• Two companies to create a new entity that will hold the exclusive license to the technology as it specifically relates to REE metal making

Energy Fuels UUUU is partnering with Nanoscale Powders LLC (“NSP”) with plans to develop a novel technology for the production of rare earth elements (“REE”) metals (https://ibn.fm/FO5x2). In the announcement, Energy Fuels noted that the Nanoscale’s patented rare earth metal-making technology has the potential to revolutionize the rare earth metal space.

“We believe this technology, which was initially developed by NSP, and will be advanced by the company and NSP working together, has the potential to revolutionize the rare earth metal making industry by reducing costs of production, reducing energy consumption, and…

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NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. The content was purely for informational purposes only and not intended to be investing advice.