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Energy Fuels is a publicly traded U.S.-based critical minerals company focused primarily on uranium, rare earth elements, vanadium, and heavy mineral sands. The company operates the White Mesa Mill in Utah, the only fully licensed and operating conventional uranium mill in the United States, and is expanding its role in domestic rare earth separation and downstream critical materials processing. Energy Fuels also has an early-stage medical isotope initiative, following its acquisition of RadTran, aimed at recovering radium isotopes from existing process streams for use in targeted alpha therapy supply chains. Although it has some exposure to medical isotope production, Energy Fuels is not fundamentally a biotech or healthcare company; its core business is mining, mineral processing, and critical materials supply.
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