Energy Fuels Surges on Rare Earth Deal, Powering AI and EV Industries

Why Is Energy Fuels Stock Soaring Tuesday? - Energy Fuels (AMEX:UUUU)

Energy Fuels Inc. UUUU shares surged after the company announced a memorandum of understanding with Vulcan Elements to build a U.S.-based supply chain for rare-earth magnets. Under the deal, Energy Fuels will supply high-purity neodymium-praseodymium (NdPr) and dysprosium (Dy) oxides to Vulcan later this year for testing and future magnet production. The oxides will be refined at its White Mesa Mill in Utah using mineral concentrates from Florida and Georgia. Rare-earth magnets are essential for satellites, defense systems, artificial intelligence infrastructure, robotics, and electric vehicles. By securing domestic sources, the companies aim to reduce U.S. reliance on Chinese supply chains. After validation, they expect to negotiate long-term supply agreements. Also Read: Rare Earths Are The Energy Transition's Hidden Bottleneck, Study Shows Energy Fuels operates the only U.S. facility capable of processing monazite mineral concentrates into separated rare-earth oxides. The company began commercial-scale NdPr production in 2024 and is piloting heavier oxides, including Dy and terbium, to expand output. Vulcan CEO John Maslin said the agreement will onshore one of the most important supply chains for America's future economy and security. Energy Fuels CEO Mark S. Chalmers described it as a first step toward developing a secure Western rare-earth magnet industry. Energy Fuels has rallied more than 146% in 2025, fueled in part by Cathie Wood's investment push into nuclear power as a cornerstone of the future energy mix. Her ARK Invest thesis has drawn fresh attention to the company's uranium and rare-earth operations, which position it at the crossroads of clean energy and advanced technology. Energy Fuels is uniquely placed to supply nuclear fuel for power generation and rare-earth materials vital to AI data centers, defense systems, and electric vehicles. This dual capability has strengthened the stock's bull case. Price Action: UUUU shares are trading higher by 17.84% to $12.88 at last check Tuesday. Read Next: Centrus Energy Stock Is Soaring: What's Fueling The Momentum? Image by La Terase via Shutterstock UUUUEnergy Fuels Inc$12.5414.7%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum96.46Growth24.25QualityN/AValue14.15Price TrendShortMediumLongOverviewLYSDYLynas Rare Earths Ltd$9.58-1.01%MPMP Materials Corp$71.52-1.09%REMXVanEck Rare Earth and Strategic Metals ETF$59.75-2.42%SHLDGlobal X Funds Global X Defense Tech ETF$62.540.98%Market News and Data brought to you by Benzinga APIs

Why Energy Fuels Stock Rallied Today | The Motley Fool

Energy Fuels' core business is in uranium mining and processing, but today's rally likely had to do with its other important growth driver: rare earths. Energy Fuels' White Mesa mill is the only U.S. facility capable of processing monazite into rare-earth element oxides, with the vast majority of the world's rare-earth processing taking place in China. Today, not only did rare-earth prices spike to a two-year high, but Energy Fuels also inked an initial agreement to supply its rare-earth oxides to a U.S.-based rare-earth magnet manufacturer. Rare earths have seen a renewed spotlight amid the Trump administration's trade war and subsequent negotiations with China. After the administration engaged in a tariff escalation earlier this year, China slowed shipments of rare earths to the U.S. Of note, rare earths are critical minerals used in a variety of industrial and defense applications. Today saw more positive news for U.S.-based rare-earths-related companies, as prices for certain rare earths surged to two-year highs. This came as Energy Fuels mining peer MP Materials stopped shipments to China for processing, per a recent deal with the U.S. government. In addition, Energy Fuels signed a memorandum of understanding (MOU) with rare-earths magnet maker Vulcan Elements to supply Vulcan with Energy Fuels' high-purity rare-earths element oxides. Under the agreement disclosed today, Energy Fuels will ship neodymium-praseodymium (NdPr) and dysprosium (Dy) oxides to Vulcan for validation in its rare-earths magnets in the fourth quarter of this year. Energy Fuels will source the monazite from mines in Florida and Georgia, thereby creating an entirely U.S.-based "closed loop" supply chain for rare-earth products, from mining to processing to magnet production. Mining and heavy industrial companies can be difficult investments due to fluctuations in end commodity prices and the often high capital expenditures required. Nevertheless, Energy Fuels is now up a whopping 143% on the year, thanks to expanded U.S. efforts to wean itself off of China-sourced rare-earth oxides. Hopefully, the qualifications with Vulcan will lead to an expanded agreement and more Energy Fuels sales volumes. Combined with renewed interest in uranium for nuclear energy to supply artificial intelligence data centers, Energy Fuels looks like a key domestic minerals supplier to watch in the years ahead.