President Joe Biden has stated that he and Vice President Kamala Harris are unified in their approach and policy priorities which is represented by the metaphor ‘singing from the same song sheet.’ However, this comes amid reports suggesting that Harris is trying to distance herself from certain administration decisions or actions. Such reports are quite common in any administration as individuals strive to establish their own identity and platform within the team. Nevertheless, the statement from the President reaffirms their commitment to common goals and collaboration despite any perceived differences.

Energy Fuels Inc. is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Its corporate offices are in Denver, Colorado, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers, the White Mesa Mill in Utah, the Nichols Ranch Processing Facility in Wyoming, and the Alta Mesa Project in Texas. Recently, the uranium sector has shown signs of increased strength, primarily influenced by growing recognition of nuclear power’s role in combating climate change, the need for energy security, and rising uranium prices. Apart from their uranium production, Energy Fuels announced in April 2021 their diversification into rare earth element (REE) production, considering the growing demand and the strategic implications of these critical minerals for the United States. By leveraging the existing facilities and infrastructure at their White Mesa Mill in Utah, they aim to create a fully integrated rare earth element production facility. This move is of strategic importance given that the U.S. currently depends on China for about 80% of its rare earths supplies, elements that are critical for the manufacturing of military technologies, renewable energy systems, electric vehicles, and various high-tech applications. Energy Fuels Inc. believes that, with its foray into the rare earths sector along with its established uranium production, it is ideally positioned to support U.S. clean energy initiatives and defense applications.