Energy Fuels gains after rare earth oxide qualifies for magnet production

Energy Fuels

19/12/2025 12:32

** Shares of miner Energy Fuels UUUU.A up 2.2% at $14.29 premarket

** Company's dysprosium (Dy) oxide qualifies benchmarks of a South Korean automotive manufacturer for downstream rare earth permanent magnet (REPM) production

** Dy is a key additive in neodymium-iron-boron used to power electric vehicles and defense systems

** Company will also begin piloting terbium oxide production at the White Mesa Mill next week and expects to offer kilogram-scale samples for qualification in early 2026

** As of last close, UUUU up 172.5% YTD

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))