The DoD commits $725 million to Energy Fuels to expand domestic rare earth processing. Here's 5 more stocks to watch.
The Department of Defense's Office of Strategic Capital on Thursday announced a $725 million conditional loan commitment with Energy Fuels Inc.
(AMEX:UUUU) to expand domestic rare earth processing at its White Mesa Mill in Utah and fund a new rare earth metals and alloy facility in the U.S.
UUUU stock is climbing.
See the chart and price action here.
The deal is the latest federal push to build a domestic critical minerals supply chain independent of China.
Pentagon inks pair of rare earth mineral loans for $1.2 billion - Breaking Defense
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Energy Fuels shares are trading higher Thursday after a conditional $725 million debt commitment from the U.S. Department of…
“You can dream all day long about scaling [weapons production but] if you don't have germanium, gallium, and rare earths, it is a…
The moves come shortly after President Donald Trump announced the establishment of a U.S. critical mineral reserve.
USAR stock reversed lower, sliding with other rare earth stocks, despite unlocking up to $1.6 billion in U.S. government…
Phoenix Tailings secured a $500 million Pentagon loan to build a rare-earth processing plant, part of a nearly $1 billion push to…
Shares of U.S. rare earth miners rallied in premarket trade on Tuesday, extending sharp gains from the previous session.
