Energy Fuels reported Q results under new CEO Ross Bhappu showing a strategic pivot from uranium restart to integrated rare earths and critical minerals via the Australian Strategic Materials deal. Realized EBITDA was only $8 million from uranium sales against $350 million in balance sheet expansion, while production reached 425k lbs mined and 800k lbs milled with inventory at 2.25 million lbs and EPS of -$0.04. Feasibility studies project over $800 million annual EBITDA from White Mesa Phase 2 and Varamata, yet shares dropped 35.7 percent as investors discounted multi-year timelines, pilot-scale terbium output, and ongoing cash burn.

Company: Energy Fuels Inc. (UUUU) — Q1 FY2026

🎙️ Want podcasts like this on any of 5,000+ companies? Podfolio turns earnings calls, filings, and market data into short, listenable briefings — and builds ...