Your trusted source for investing success since 2007. Renowned for our market outlook reports and investing guides.
Energy Fuels: Creating a Stronger Company for Shareholders
Curtis Moore of Energy Fuels explains how his company’s acquisition of Uranerz will benefit both companies. “We’re going to become the dominant uranium mining company in the United States,” he said.
Energy Fuels (TSX:EFR,NYSEMKT:UUUU) has been making headlines since it announced on January 5 that it will be acquiring Uranerz Energy (TSX:URZ,NYSEMKT:URZ). The combined entity will be the largest integrated uranium producer focused on the United States.
To find out more about the deal and how it benefits both companies, Resource Investing News spoke with Curtis Moore, director of marketing and corporate development at Energy Fuels. He explained, “what really was the impetus for this transaction is the fact that we’re going to create a larger, stronger uranium mining company in the United States. We’re going to be able to cut costs because we’re going to reduce our general and administrative, and also our corporate costs. We’re also going to diversify our production centers.”
In short, he said, “we’re going to become the dominant uranium mining company in the United States.” Watch the video below to find out what else he had to say and to learn what the new company will be up to in 2015.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Energy Fuels is a client of the Investing News Network. This article is not paid-for content.
Related reading:
Consolidation in the US Uranium Market: The Way of the Future?
Mickey Fulp: Gold Price, Uranium Consolidation and Years Ending in 7
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1948.19 | +0.20 | |
Silver | 23.62 | +0.01 | |
Copper | 3.73 | +0.02 | |
Palladium | 1713.17 | 0.00 | |
Platinum | 1087.26 | 0.00 | |
Oil | 71.87 | 0.00 | |
Heating Oil | 2.36 | 0.00 | |
Natural Gas | 2.18 | +0.02 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Energy Investing Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.