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- UUUU, RadTran to study the recovery of thorium, radium, from existing rare earth carbonate and uranium process streams
- The alliance has the potential to develop commercial technologies and sources of isotopes needed for a new domestic medical supply chain
- The partnership aims to alleviate the major bottleneck in the targeted alpha therapy market
Due to its highly unique licenses, capabilities, and expertise, Energy Fuels UUUU EFR is able to supply critical minerals and materials that no other company in the U.S. – or possibly outside of China – is able to do. Energy Fuels’ business revolves around its ability to recover and properly manage uranium and radionuclides in one-of-a-kind ways in the U.S. Energy Fuels is the leading U.S. uranium producer. The company just began producing rare earth by unlocking the value of a mineral called monazite, because this mineral contains radioactive elements, uranium, and thorium. And, UUUU’s most recent strategic partnership takes the company into an entirely new realm: the world of medicine.
Last month Energy Fuels entered into a strategic alliance with RadTran LLC to evaluate the recovery of thorium, as well as possibly radium, from the company’s existing rare earth carbonate and uranium process streams (https://ibn.fm/cT29O). RadTran is a Colorado-based technology development company focused on…
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. This content is for informational purposes only and not intended to be investing advice.
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