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EFR Energy Fuels News Story

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Energy Fuels gains after US government signs $725 million conditional loan

BUZZ-Energy Fuels gains after US government signs $725 million conditional loan 

** Shares of miner Energy Fuels UUUU.A rise 6.2% to $16.25 premarket

** U.S. government signs $725 million conditional loan commitment with the co to boost domestic processing of rare earth elements

** U.S. Department of War's Office of Strategic Capital (OSC) says the funding will support expansion into rare earth separation and metallization, key to permanent magnet production

** OSC says company must fulfill financial, legal, technical and other due diligence requirements, without providing further details

** As of last close, shares up 5.23% YTD


(Reporting by Katha Kalia in Bengaluru)

((katha.kalia@thomsonreuters.com))

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