Energy Fuels and Astron Corporation execute non-binding MOU to jointly develop the Donald Mineral Sands Project, a large heavy mineral sand deposit that has the potential to supply Energy Fuels with approximately 7,000 tonnes of rare earth-bearing monazite sand per year starting in 2026, ramping up to 14,000 tonnes per year soon thereafter.
Energy Fuels Inc. , a leading U.S. producer of uranium, rare earth elements , and vanadium, is pleased to announce that it has entered into a non-binding Memorandum of Understanding with Astron Corporation Limited to jointly develop the Donald Rare Earth and Mineral Sands Project, located in the Wimmera Region of the State of Victoria, Australia . The MOU describes indicative commercial terms and provides Energy Fuels with a binding exclus...