Diversifying into the REE Industry
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Securing New Uranium Sales Contracts
Providing New Revenues & Cashflows Through 2030
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
Transportation issues from Russia & Kazakhstan
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Spot price at $103.00 per pound on February 9, 20241
Energy Fuels offers buyers a reliable, low-cost source of U.S.
uranium production
Three (3) Long-Term Contracts with U.S. Utilities (To Date):
U3O produced at the White Mesa Mill
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Base quantity of 2.75 million pounds of remaining U3Og deliveries through 2030
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Up to a total of 3.6 million pounds of potential deliveries, if all options are exercised
Pricing formula maintains exposure to market upside, while limiting downside & adjusting for
inflation
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Seeking additional spot sales and long-term contracts as prices rise
1 Trade Tech
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