Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) announced the results of its annual and special meeting of shareholders held virtually on June 11, where all eleven director nominees were elected. Bruce D. Hansen was appointed as Chair of the Board, succeeding J. Birks Bovaird, who had served in that role since 2006. Bovaird will continue as a board member to facilitate a smooth transition. Hansen, a director since 2007, brings over four decades of mining experience to his new position at a pivotal time for the company as it strengthens its role in the critical minerals sector.
CEO Mark S. Chalmers emphasized the contributions of both Hansen and Bovaird, acknowledging Bovaird's leadership during the company's transformation and expressing optimism for Hansen's tenure. This leadership change underscores Energy Fuels Inc.'s strategic direction toward sustainability and expansion in the energy and minerals sector. The company is a leading U.S. producer of natural uranium concentrate and plays a crucial role in producing rare earth elements, heavy mineral sands, vanadium, and medical isotopes, supporting carbon-free nuclear energy and advancing medical treatments.
Energy Fuels Inc. operates the White Mesa Mill in Utah, the sole fully licensed and operational conventional uranium processing facility in the country. The company is also venturing into recovering medical isotopes from uranium process streams, which are essential for innovative cancer treatments. Its global footprint includes the Kwale HMS project in Kenya and development projects in Madagascar, Brazil, and Australia, showcasing its commitment to expanding heavy mineral sands operations. With headquarters in Lakewood, Colorado, and operations managed from Perth, Australia, the company is poised for continued growth and innovation in the critical minerals industry.
The company's focus on critical minerals and global projects reflects its commitment to addressing the growing demand for these essential resources. For more information, visit https://www.energyfuels.com. This transition highlights Energy Fuels Inc.'s role in supporting sustainable energy solutions and medical advancements, positioning it as a key player in the evolving critical minerals market.
