Energy Fuels announced on Monday that it has achieved commercial production of separated neodymium-praseodymium at its
Energy Fuels is extracting, refining, and separating the NdPr from monazite produced by Chemours at its heavy mineral sand operations in Florida and Georgia. The company completed construction of its Phase 1 REE separation circuit in the first quarter of 2024 at a total cost of about $16 million, under the original budget of $25 million.
“Following the completion of NdPr production at the Mill in Q2 2024, the company expects to begin processing uranium ore and alternate feed materials from our current stockpiles, resulting in the expected production of 150,000 to 500,000 pounds of UFrom the new circuit, Energy Fuels also expects to produce a samarium-plus concentrate, while also recovering the contained uranium from the monazite feed stocks.
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