PR Newswire

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State: 27.07.2025 | 2PM
Mon, 17.03.2025       Energy Fuels
CA2926717083

Collaboration could fast-track the formation of one of the world's first commercial permanent rare earth magnet supply chains independent of China by linking Energy Fuels' emerging U.S. rare earth oxide production with POSCO's current position as a global leader in traction motor cores used in EVs and hybrid EVs sold by major OEMs.

DENVER, March 17, 2025 /PRNewswire/ - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (Energy Fuels or the Company), a leading U.S. producer of uranium, rare earth elements (REE), and heavy mineral sands (HMS), today announced the signing of a strategic Memorandum of Understanding (MOU) with South Korea-based POSCO International Corporation (POSCO) that sets out the principal terms of a collaboration that, if successful, has the potential to create a new non-China REE supply chain for electric vehicle (EV) and hybrid EV drivetrains for U.S., E.U., Japanese and South Korean auto-makers.

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CubeSmart
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Neogen
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National Grid
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Neogen
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Reckitt Benckiser
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Klotho Neurosciences
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Tungray Technologies
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© PR Newswire
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