Energy Fuels' Strategic Advantages for REE Production
Securing New Uranium Sales Contracts
Providing New Revenues & Cashflows for 2023 – 2030
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Multiple market tailwinds enabling us to book long-term sales
contracts with U.S. utilities at sustainable pricing
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U.S. government providing support for nuclear energy (bipartisan)
Russia's invasion of Ukraine sharpening utility focus on security of supply
Intermediaries buying physical uranium
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Transportation issues from Russia & Kazakhstan
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Energy Fuels offers buyers a reliable, low-cost source of U.S.
uranium production
Utility contracts entered to date:
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Base quantity of 3.0 million pounds of total U3Og deliveries over next 8 years (starting in 2023)
Up to a total of 3.8 million pounds of deliveries, if all options are exercised
U3O produced at the White Mesa Mill
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Pricing formula maintains exposure to market upside, while limiting downside & adjusting for
inflation
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560,000 lbs. of delivered in 2023 at a weighted-average realized price of $59.42 per pound
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