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Goldman Sachs

June 18, 2026

Energy Fuels Inc. Conditional Financing Commitment

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Energy Fuels Inc. received a conditional $725 million loan from the US government to advance its rare earth element processing capabilities at the White Mesa Mill. Goldman Sachs maintains a Buy rating, noting this commitment reduces future capital requirements.

Key Takeaways

  • 1.Energy Fuels received a conditional $725mn financing commitment from the US Dept of War to support rare earths processing expansion.
  • 2.The proposed loan reduces the company's anticipated equity issuance burden for its 2027 development assets.

Table of Contents

  • Energy Fuels Inc. (UUUU): Conditional financing commitment from US Government to advance rare earths processing capabilities; Buy
  • Valuation and Key Risks
  • Disclosure Appendix

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