logo
Navajo Nation reaches agreement with mining company over uranium ore transport

Navajo Nation reaches agreement with mining company over uranium ore transport

Yahoo29-01-2025
A view of the Pinyon Plain Mine near the Grand Canyon. The mine has operated since the 1980s but mined its first batch of uranium ore in 2024. Photo by Blake McCord via Grand Canyon Trust
After months of negotiation, the Navajo Nation and Energy Fuels Inc. have signed an agreement allowing the transport of uranium ore along federal and state highways throughout the Navajo Nation, with transportation set to resume in February.
'We have a settlement agreement that will allow the Navajo Nation to monitor and inspect the haul trucks and that provides financial compensation for the expenses to improve safety and protect the environment,' Stephen Etsitty, executive director of the Navajo Nation Environmental Protection Agency, said in a press release.
The agreement comes nearly six months after Energy Fuels, Inc., voluntarily halted transportation following the company's first transport through the Navajo Nation with little notice to the tribe. The company then entered into negotiations with the Navajo Nation in August 2024 after the tribe condemned their actions.
SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
Energy Fuels President and CEO Mark Chalmers said he is honored that the Navajo Nation is willing to work with the company in good faith to 'address their concerns and ensure that uranium ore transportation through the Navajo Nation will be done safely and respectfully.'
The agreement has not been made public, but a press release issued by Energy Fuels outlines some of the details.
The mining company said it has agreed to add additional protections and accommodations in addition to the existing U.S. Department of Transportation requirements, which include limiting transportation to specified routes and hours of the day and not transporting on days involving celebrations or public events.
The company also said it would follow clear emergency response procedures, abide by notice and reporting requirements, carry additional insurance and give its drivers extra training and qualifications, including obtaining Navajo Nation transport licenses.
The company also said it agreed to use state-of-the-art cover systems — instead of the tarps it had previously said it would use — to prevent uranium ore dust from blowing out of transport trucks, establish provisions for escorts and blessings at the discretion of the Navajo Nation, and additional inspection procedures that will enable the Navajo Nation to ensure that all applicable rules and agreements are being satisfied.
'We appreciate the sincere approach the Energy Fuels' negotiation team took with the Navajo Nation,' said Heather Clah, acting attorney general of the Navajo Nation. 'They demonstrated a genuine understanding for the Navajo Nation's and the Navajo People's trauma regarding uranium and engaged as a partner in good faith to build a trusting relationship.'
The Navajo Nation stretch of the Pinyon Plain Mine's approved uranium ore transportation route is more than half of the roughly 320-mile journey, with a total of 174 miles traveled on major state routes through Navajo land.
'This agreement isn't just about resolving a conflict; it's a commitment to protecting future generations, respecting Tribal sovereignty and ensuring that all voices are heard and valued,' Gov. Katie Hobbs said in a press release.
'Today marks an important step forward for our communities and shows what is possible through collaboration, partnership, and a shared commitment to public safety,' Hobbs added. 'I'm proud to have brought Energy Fuels and Navajo Nation to the table so they could come to an agreement that addresses the Nation's long-standing concerns and includes enhanced emergency response plans.'
As part of the agreement, Energy Fuels committed to transporting up to 10,000 tons of uranium-bearing cleanup materials from abandoned uranium mines across the Navajo Nation.
They have also agreed to support the Navajo Nation's transportation safety programs, education, environment, public health and welfare, and local economic development related to uranium issues. Details about the specific type of support were not provided.
'We are proud to be a part of a historic agreement with the Navajo Nation, and we are committed to fulfilling our promises to them,' Chalmers said. 'We hope this agreement marks the beginning of a constructive relationship that restores trust with our neighbors while also paving the way for future collaborations on cleanups and other areas of shared interest.'
According to Energy Fuels, the company has safely hauled several hundred thousand tons of uranium ore and other materials along state and federal highways that cross the Navajo Nation between 2007 and 2024, with no incidents resulting in the spillage or release of ore.
'Measures outlined in the agreement provide additional layers of protection for the Navajo and others, beyond the rigorous standards set by the USDOT,' the company stated in a press release.
SUPPORT: YOU MAKE OUR WORK POSSIBLE
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Energy Fuels Successfully Produces First Kilogram of 99.9% Purity Dysprosium Oxide at its White Mesa Mill in Utah; on Track to Commence Terbium Production in Q4 2025
Energy Fuels Successfully Produces First Kilogram of 99.9% Purity Dysprosium Oxide at its White Mesa Mill in Utah; on Track to Commence Terbium Production in Q4 2025

Yahoo

time12 hours ago

  • Yahoo

Energy Fuels Successfully Produces First Kilogram of 99.9% Purity Dysprosium Oxide at its White Mesa Mill in Utah; on Track to Commence Terbium Production in Q4 2025

Energy Fuels is planning to install large-scale dysprosium, terbium, and potentially other "heavy" rare earth oxide production capacity at its White Mesa Mill in Utah by Q4-2026. DENVER, Aug. 21, 2025 /CNW/ - Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earths, and critical minerals, is pleased to announce that it has successfully completed production of its first kilogram of dysprosium (Dy) oxide at pilot scale at the Company's White Mesa Mill in Utah. The Company achieved a purity of 99.9% Dy, which is well in excess of the 99.5% commercial specification. The Mill expects to continue producing dysprosium oxide at a rate of two (2) kilograms per week. Energy Fuels believes it is the first U.S. company to both produce high-purity Dy oxide and publicly disclose actual production volumes and purities. These oxides are being produced from monazite mined in Florida and Georgia, USA and demonstrate the expected viability of Energy Fuels' completely non-Chinese rare earth oxide supply chain. Multiple magnet manufacturers and OEMs have already expressed their strong interest in obtaining these samples to accelerate their validation processes. Energy Fuels believes the quantity and purity of its Dy oxide production is unmatched in the United States at this time and is a testament to the White Mesa Mill's world-class rare earth element (REE) production capabilities. Pilot-scale production is expected to continue until approximately 15 kilograms of Dy oxide are produced. At that point, Energy Fuels intends to produce high purity terbium (Tb) oxide and is targeting Q4-2025 for the first samples of Tb oxide to be available for end-user validation. Due to the ongoing success of this "heavy" REE pilot project, the Company intends to construct and commission commercial-scale Dy, Tb, and potentially other "heavy" REE separation capacity at its White Mesa Mill, which could be in production as soon as Q4 2026. "Energy Fuels' high purity Dy oxide production is a major leap toward securing a U.S. supply of 'heavy' rare earth oxides for a variety of commercial and defense uses," said Energy Fuels CEO Mark S. Chalmers. "This is real, high-quality material in-hand, ready for independent testing, demonstrating that our Utah facilities can deliver world-class critical minerals domestically. Data and knowledge from our pilot plants will guide the design and construction of commercial Dy, Tb, and potentially other 'heavy' rare earth separation infrastructure that we plan to install in Utah next year." Last year, Energy Fuels announced the completion and commissioning of its commercial scale "light" rare earth oxide circuit at the Mill with a successful run of 'on-spec' neodymium-praseodymium (NdPr) oxide used in permanent magnets for electric mobility, robotics, drones, wind energy and defense technologies. That material has been tested and qualified by magnet makers around the world and is expected to be used in EVs and hybrid vehicles available for sale in the U.S., EU and Asia this year. These production accomplishments demonstrate the Company's growing capabilities to deliver critical minerals to the United States and build upon the Company's structural advantages in the U.S. REE space including existing licenses, facilities, knowledge, and proven commercial capacity at the White Mesa Mill in Utah. About Energy Fuels Energy Fuels is a leading U.S.-based critical minerals company, focused on uranium, REEs, heavy mineral sands, vanadium and medical isotopes. Energy Fuels, which owns and operates several conventional and in-situ recovery uranium projects in the western United States, has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities that process it further for the production of carbon-free nuclear energy. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States. At the Mill, Energy Fuels also produces advanced REE products, vanadium oxide (when market conditions warrant), and is evaluating the potential recovery of certain medical isotopes from existing uranium process streams needed for emerging Targeted Alpha Therapy cancer treatments. Energy Fuels is also developing three (3) additional heavy mineral sands projects: the Toliara Project in Madagascar; the Bahia Project in Brazil; and the Donald Project in Australia in which Energy Fuels has the right to earn up to a 49% interest in a joint venture with Astron Corporation Limited. Energy Fuels is based in Lakewood, Colorado, near Denver. The primary trading market for Energy Fuels' common shares is the NYSE American under the trading symbol "UUUU," and its common shares are also listed on the Toronto Stock Exchange under the trading symbol "EFR." For more information on all Energy Fuels does, please visit CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This news release contains certain "Forward Looking Information" and "Forward Looking Statements" within the meaning of applicable United States and Canadian securities legislation, which may include, but are not limited to, statements with respect to: any expectation that the Company's pilot scale production of heavy REEs will continue to be successful; any expectation of the purity of any of the REE or heavy REE oxides to be produced at the Mill; any expectation as to the timing of pilot and/or commercial scale production of REE or heavy REE oxides at the Mill; any expectation that the Company will install and commission commercial Dy, Tb, and potentially other "heavy" REE separation capacity at the White Mesa Mill as soon as late-2026, or at all; any expectation as to the viability of Energy Fuels' completely non-Chinese rare earth oxide supply chain; any expectation that Energy Fuels' high purity Dy oxide production is a major leap toward a secure U.S. supply of heavy REE oxides; any expectation that the Company's Utah facilities can deliver world-class critical minerals, domestically; any expectation that market conditions may support rare earth production; any expectation as to the Company's production capacity or expected timelines to production; any expectation as to estimated recoverable REE oxides; any expectation that the Company's development projects will be placed into production; and any expectation that the Company will be successful at recovering certain medical isotopes from existing uranium process streams needed for emerging Targeted Alpha Therapy cancer treatments. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects," "does not expect," "is expected," "is likely," "budgets," "scheduled," "estimates," "forecasts," "intends," "anticipates," "does not anticipate," or "believes," or variations of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will be taken," "occur," "be achieved" or "have the potential to." All statements, other than statements of historical fact herein are considered to be forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements express or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements include risks associated with: commodity prices and price fluctuations; engineering, construction, processing and mining difficulties, upsets and delays; permitting and licensing requirements and delays; changes to regulatory requirements; legal challenges; competition from other producers; government and political actions or inactions; market factors, including future demand for REEs, titanium and zirconium; and the other factors described under the caption "Risk Factors" in the Company's most recently filed Annual Report on Form 10-K, which is available for review on EDGAR at on SEDAR at and on the Company's website at Forward-looking statements contained herein are made as of the date of this news release, and Energy Fuels disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. Energy Fuels assumes no obligation to update the information in this communication, except as otherwise required by law. View original content to download multimedia: SOURCE Energy Fuels Inc. View original content to download multimedia:

Energy Fuels (UUUU) Drops on Market Pessimism
Energy Fuels (UUUU) Drops on Market Pessimism

Yahoo

timea day ago

  • Yahoo

Energy Fuels (UUUU) Drops on Market Pessimism

We recently published . Energy Fuels Inc. (NYSEAmerican:UUUU) is one of Tuesday's worst performers. Energy Fuels dropped its share prices by 17.88 percent on Tuesday to close at $8.48 apiece as investors sold off positions amid the broader market pessimism. Energy Fuels Inc. (NYSEAmerican:UUUU) declined alongside the uranium and energy sectors, which fell by 5.65 percent and 0.25 percent, respectively. In the second quarter of the year, Energy Fuels Inc. (NYSEAmerican:UUUU) saw attributable net loss widen by 241 percent to $21.8 million from only $6.4 million in the same period last year. Total revenues declined by 51.7 percent to $4.2 million from $8.7 million year-on-year. In other developments, Energy Fuels Inc. (NYSEAmerican:UUUU) welcomed its new president, Ross R. Bhappu, replacing Mark S. Chalmers, who will remain the company's chief executive officer. Bhappu brings over 35 years of experience in mining and private equity, including nearly 25 years with Resource Capital Funds, where he provided both technical and financial evaluation and support in project identification, analysis, development, valuation, project finance, mergers and acquisitions and sourcing of capital from private and public markets exclusively for the mining and minerals sector. According to the company, the leadership transition was in line with its long-term succession plans. While we acknowledge the potential of UUUU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Uranium Stocks Tumble Despite Strong Prices
Uranium Stocks Tumble Despite Strong Prices

Yahoo

time2 days ago

  • Yahoo

Uranium Stocks Tumble Despite Strong Prices

Uranium futures rose to $73.50 per pound this week, yet uranium mining stocks are plunging, with some of the biggest names down double digits. The selloff highlights a disconnect between bullish long-term fundamentals for the nuclear fuel and shifting near-term sentiment. One key driver is geopolitical. Markets appear to be factoring in the possibility of a ceasefire in Ukraine and a thaw in U.S.-Russia relations. That reduces the perceived likelihood of sanctions targeting Russia's strategic nuclear sector, a scenario that had previously fueled gains for Western uranium miners. Without such restrictions, U.S. uranium producers still face competition from Russian supply, dampening some of the optimism that had driven stocks higher. Profit-taking has also played a role. Shares of Uranium Energy Corp dropped more than 10%, while Energy Fuels plunged nearly 18%. Cameco and Centrus Energy also posted losses. The selloff comes even as uranium spot prices remain strong, supported by structural deficits. Tight supply chains, years of underinvestment, and renewed policy momentum behind nuclear power have kept uranium prices near multi-year highs. Adding further pressure, Kazakhstan, the world's largest uranium producer, announced plans to ramp up production. Through its KATKO joint venture with France's Orano Mining, Kazatomprom will boost output at the Moinkum deposit to 4,000 tonnes annually starting in 2026. That would nearly double production from recent years, restoring output to 2021 levels. The expansion is being supported by a new processing complex at the Tortkuduk site, which began operations in July 2025. Kazatomprom itself is showing strong momentum, with 2024 revenues rising to $3.3 billion from $2.6 billion a year earlier, while profits nearly doubled to $1.1 billion. The news underscores Kazakhstan's central role in global uranium markets and may temper investor enthusiasm for U.S.-based miners. Broader market jitters may also be contributing. Analysts point to mounting concerns about an 'AI winter' cooling tech valuations and sparking caution across growth-sensitive sectors, including energy equities. Still, many fundamentals remain supportive of uranium's long-term trajectory. Prices are well above pandemic-era lows, and nuclear energy is regaining favor as governments seek cleaner baseload power. For now, however, the sector is being dragged down by shifting sentiment, profit-taking, and competition from abroad. Read this article on

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store