Slumping Uranium Prices Forcing Energy Fuels To Reassess Priorities

Oct 24th @ 7:15 am in News by Scott Staley

With uranium prices in a slump Energy Fuels is reassessing its properties and now focusing on its Arizona facilities to increase production.  One of the officials from Energy Fuels explains that while their attention is turning to the more profitable plants that has not changed their opinion on the Pinon Ridge Uranium Mill near Naturita.  The official says that the Whirlwind Mine in Mesa County is on standby and as far as Pinon Ridge is concerned a testimony hearing on its permit is still set in two weeks in Nucla.  Slumping prices have forced Energy Fuels to adjust their priorities.