Energy Fuels reported 2021-2Q revenue, losses and loss per share of $0.8 million, $10.8 million, and $0.15 per share. Results were below our expectations due to higher costs associated with Rare Earth Elements (REE) and a later-than-expected first shipment of REE (first shipment was July 7th with revenues falling outside of the quarter). The company continues to idle uranium production and vanadium sales at current prices. Investor focus is justifiably more centered on corporate developments than near-term results. The Balance Sheet is getting strong. Energy Fuels has $98.8 million of working capital including $79.4 million of cash, ahead of our forecasts. Rising inventories are the reason for higher working capital. In addition, the company has reached an agreement to sell non-core uranium assets for $24 million, which will further boost its cash and working capital position. A strong balance sheet leaves the company well positioned to expand uranium and vanadium production, or enter into REE separation, should pricing justify such investments. Uranium, vanadium and REE prices are rising and approaching a point where UUUU could begin production. Uranium prices have risen 7% ytd, vanadium prices have risen 83% ytd, and REE prices have risen 48%. Energy Fuels has ample inventory of uranium and vanadium and is ramping up REE carbonate production. We probably do not give the company enough credit for the optionality it has to shift focus on the three minerals as prices dictates. In addition, the company has signed an agreement to evaluate the recovery of thorium and potentially radium, further expanding its optionality. REE processing set back by Monazite sand delays. Management now expects to recover 700-1,100 tonnes of RE Carbonate in 2021, down from a previous estimate of 2,000-3,000 tonnes. The company cited a short-term delay in the supply of monazite sands to the mill for reduction. The news is disappointing but we remain confident that the company will be able to ensure adequate future supply Rating remains Outperform with a $9 price target. Reported results were below expectations and we are disappointed in REE delays. However, we believe the overall story remains in tact and believe we are starting to see the initial signs of an expected improvement in prices. Management will host a webcast on August 3 at 4:00 EST (888-664-6392). Read More >>
August 01, 2021
News Provided by Channelchek via QuoteMedia
The Conversation (0)
01 May
xU3O8 (uranium.io): Pioneering Physical Uranium Ownership Powered by Blockchain Technology
Uranium.io is a next-generation platform transforming access to physical uranium (U₃O₈) through the power of blockchain technology. It empowers both individual and institutional investors to directly own and trade uranium, eliminating many of the traditional barriers, such as high costs, limited transparency, and market inefficiencies. Each xU₃O₈ token is fully backed by physical uranium stored in a secure, regulated facility operated by Cameco. Custodianship is provided by Archax, a UK-regulated digital asset firm, ensuring robust transparency and trust in the asset’s backing.
The platform meets rising investor demand for uranium—a key driver of the global energy transition. As nations pursue net-zero targets, nuclear energy is gaining momentum as a reliable, low-carbon power source. Governments across North America, Europe, and Asia are expanding nuclear capacity by restarting reactors, building new ones, and advancing small modular reactor development.
Uranium.io combines blockchain, digital custody, and real-world uranium supply to deliver secure, transparent access to the uranium market. By bridging traditional commodity trading with Web3, the platform enables users to seamlessly acquire, hold, and trade physical uranium through xU₃O₈ tokens.
Company Highlights
- Uranium.io is a pioneering platform for buying and selling uranium, providing direct ownership of physical uranium via a blockchain-powered token xU3O8.
- Built on Etherlink, powered by Tezos technology, enabling transparency, low fees, energy efficiency and programmable compliance.
- FCA-regulated digital asset custodian, Archax, holds physical uranium in trust on behalf of token holders.
- Physical supply is brokered by Curzon Uranium, a trusted uranium trading and logistics partner with deep industry roots and over $1 billion in uranium trades.
- The uranium bought on the platform is physically stored at a regulated depository owned and operated by Cameco, one of the world’s leading global uranium providers/converters.
- Global 24/7 market access offering fractionalized and direct uranium exposure with real-time settlement and cross-border accessibility.
- Capitalizing on nuclear energy’s role in clean energy transition and the financialization of critical minerals.
This Uranium.io profile is part of a paid investor education campaign.*
Click here to connect with xU3O8 (uranium.io) to receive an Investor Presentation
Keep reading...Show less
30 April
xU3O8 (uranium.io)
Investor Insight
Positioned at the intersection of energy, technology and finance, xU3O8 on uranium.io, offers a powerful value proposition for investors seeking to capitalize on the bullish outlook for uranium — with none of the legacy inefficiencies.
Overview
Uranium.io is a next-generation platform revolutionizing how investors access and trade physical uranium (U3O8). By leveraging blockchain technology, it enables individuals and institutions to directly own and trade uranium, bypassing many of the inefficiencies, opacity and high costs traditionally associated with uranium exposure. Each xU3O8 token represents real, physical uranium stored securely in a regulated depository operated by Cameco, with Archax, a UK-regulated digital asset firm, as the custodian for the physical uranium ensuring transparency and trust in asset backing.
The platform is designed to meet growing investor demand for exposure to uranium, a commodity that is a critical component of the global energy transition. As countries commit to reducing carbon emissions, nuclear energy is increasingly seen as a reliable and scalable source of low-carbon electricity. Governments across North America, Europe and Asia are ramping up their nuclear energy capacities, as part of their net-zero targets. This includes restarting idled reactors, constructing new reactors, and accelerating the development of small modular reactors.
Nuclear power is also emerging as a stable and scalable option for supporting artificial intelligence (AI) data centers, which require massive amounts of electricity to operate. Industry leaders, including Microsoft, have announced nuclear energy investments, and several technology firms have secured long-term agreements for nuclear power.
Like gold and silver before it, uranium is entering a phase of financialization — with physical holding trusts, ETFs, and now platforms like uranium.io offering direct physical uranium ownership via xU3O8, making it more accessible to a wider set of investors.
As traditional financial markets converge with digital innovation, tokenized assets are becoming a preferred vehicle for commodities investing. Uranium.io’s use of the Etherlink blockchain ensures secure, real-time trading with minimal friction — a distinct advantage in an increasingly digitized investment landscape.
Development of the uranium.io platform is led by the team at London-based Trilitech, a group of entrepreneurs and technologists driving blockchain innovations.
With its emphasis on direct fractional ownership and 24/7 worldwide accessibility, xU3O8 is uniquely positioned to serve as the gateway to physical uranium exposure for a global investor base. Alignment with broader energy and digital asset trends makes it a compelling vehicle for those seeking to capitalize on uranium’s strong fundamentals and the disruptive power of decentralized finance.
Company Highlights
- Uranium.io is a pioneering platform for buying and selling uranium, providing direct ownership of physical uranium via a blockchain-powered token xU3O8.
- Built on Etherlink, powered by Tezos technology, enabling transparency, low fees, energy efficiency and programmable compliance.
- FCA-regulated digital asset custodian, Archax, holds physical uranium in trust on behalf of token holders.
- Physical supply is brokered by Curzon Uranium, a trusted uranium trading and logistics partner with deep industry roots and over $1 billion in uranium trades.
- The uranium bought on the platform is physically stored at a regulated depository owned and operated by Cameco, one of the world’s leading global uranium providers/converters.
- Global 24/7 market access offering fractionalized and direct uranium exposure with real-time settlement and cross-border accessibility.
- Capitalizing on nuclear energy’s role in clean energy transition and the financialization of critical minerals.
Technology Platform
Uranium.io is built on a secure, decentralized technology stack that integrates blockchain infrastructure, digital asset custody, and real-world commodity supply — delivering unprecedented access and transparency to the uranium market. The platform bridges traditional commodities trading with Web3 innovation, allowing users to seamlessly acquire, hold and trade physical uranium via xU3O8 tokens.
Blockchain Infrastructure: Etherlink, Powered by Tezos
At the heart of xU3O8’s digital asset engine is the Tezos blockchain, a highly secure, energy-efficient and self-amending Layer 1 protocol. Tezos is uniquely suited to power real-world asset tokenization due to its low transaction costs and energy efficiency; on-chain governance and smart contract flexibility; and enterprise-grade security and decentralization.
Tezos’ track record with real-world assets, including tokenized real estate and art, positions it as an ideal foundation for the secure, scalable digitization of uranium ownership.
Digital Custody: Archax
To ensure that each xU3O8 token is backed with physical uranium, uranium.io is supported by Archax, a London-based, digital asset custodian and exchange regulated by the Financial Conduct Authority. Archax provides regulated asset custody, KYC/AML-compliant onboarding, and real-time asset reconciliation.
Archax brings institutional-grade governance and accountability to the storage and oversight of physical uranium, ensuring that investor holdings are not just theoretical but physically secured.
Physical Supply: Curzon Uranium
Access to physical uranium is facilitated by its partnership with Curzon Uranium, a specialized uranium trading and logistics firm. Curzon acts as the platform’s uranium provider, sourcing, purchasing and delivering uranium from trusted upstream suppliers to secure storage.
Curzon’s decades of experience in uranium procurement adds physical credibility and market depth to the xU3O8 ecosystem — making the platform more than just a digital asset project, but a fully integrated uranium trading platform.
Physical uranium storage: Cameco
The physical uranium ore concentrate (U3O8) is securely stored at a regulated storage facility, operated by Cameco, one of the three globally recognized uranium conversion and storage providers. For transparency, Proof of Reserves is always available on the website and is updated with monthly statements from Cameco.
Together, Tezos, Archax and Curzon Uranium form the digital, custodial and physical backbone of the uranium.io platform. This trio of technologies and partnerships ensures a secure, compliant and efficient path for investors to gain physical uranium exposure — fractionalized, tokenized and tradable 24/7 on a global scale.
Keep reading...Show less
30 April
Stallion Uranium Announces Completion of Ground Gravity Survey over Coyote Target
Stallion Uranium Corp. (the " Company " or " Stallion ") ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce the successful completion of a ground gravity survey over its Coyote Target, located within the Southwestern Athabasca Basin Joint Venture ("JV") Project in partnership with Atha Energy Corp. (" Atha Energy ") ( TSX-V: SASK ). The survey marks a critical step in advancing the exploration efforts in this highly prospective uranium region.
Highlights:
- Significant gravity low anomaly identified, closely resembling the geophysical signature of the Arrow Deposit and other significant discoveries in the Athabasca Basin.
- Structural and geophysical features align with those of NexGen Energy's Arrow Deposit, reinforcing the potential for Tier-1 uranium mineralization.
- Gravity anomaly located in a structurally complex corridor, characterized by intersecting conductors and breaks; prime settings for uranium deposition.
- Ongoing 3D Inversion of Ground Gravity to identify depth and shape of the gravity anomaly.
"The results of our ground gravity survey at the Coyote Target mark a significant milestone in our exploration efforts within the Athabasca Basin," said Matthew Schwab, CEO of Stallion Uranium Corp. "The identification of a substantial gravity low anomaly mirroring the characteristics of world-class uranium deposits reinforces our confidence in Coyote's potential. This advancement strengthens our commitment to pursuing exploration in this highly prospective region, and we are eager to take the next steps in unlocking the value of this target through focused drilling. Stallion remains dedicated to executing a systematic and science-driven approach as we continue to build shareholder value through discovery."
The survey encompassed a total area of 2,623 hectares, with 2,738 gravity stations strategically placed to detect subsurface variations in density that may indicate uranium alteration. The results revealed a substantial gravity low anomaly, a hallmark feature associated with large-scale uranium deposits, such as NexGen Energy's Arrow Deposit. The Arrow Deposit, one of the most significant uranium discoveries in the Athabasca Basin, shares multiple geological and geophysical similarities with the Coyote Target, strengthening confidence in the potential for a high-grade uranium discovery.
"Our ground gravity survey has identified a highly compelling target that exhibits striking similarities to the world-class Arrow Deposit," said Darren Slugoski, Vice President, Exploration at Stallion Uranium. "The anomaly's location is particularly compelling, as it coincides with structural complexities and breaks in conductors, and geological features that are strikingly similar to those associated with the Arrow Deposit. The convergence of multiple overlapping anomalies solidifies Coyote as a Tier 1 exploration target, warranting further advancement through targeted drilling."
Survey Area:
The Coyote Target is strategically positioned 58 kilometers northeast of NexGen Energy's Arrow Deposit, which hosts an estimated 256.7 million pounds of U₃O₈ at an average grade of 3.1% U₃O₈ (2021, NI 43-101 Technical Report). The gravity anomaly identified at Coyote aligns with key geological characteristics of Arrow, including structural breaks, intersecting conductive corridors, and large-scale alteration zones. This strong resemblance suggests that Coyote has the potential to host a world-class uranium deposit similar in scale and grade to Arrow. Given the compelling nature of these findings, Coyote is now a top-tier priority for Stallion's upcoming exploration programs.
Figure 1 Â : Survey Location over Regional Magnetics
Figure 2 Â : Ground Gravity Survey Results
About the Ground Gravity Survey:
Beginning February 5 and concluding February 21, 2025, MWH Geo-Surveys (Canada) Ltd. carried out a gravity survey at the Coyote Target in Saskatchewan. The survey utilized a customized L&R digital, electronic feedback gravity meter, operated via proprietary controller software. These advanced gravity meters, incorporating electronic levels and electronic nulling, ensure fast, accurate, and reliable readings, particularly in cold-weather conditions.
At each gravity station, GControl software, developed by MWH Geo-Surveys, recorded gravity samples at 1-second intervals. The resultant average of these readings was used as the final gravity measurement, significantly reducing high-frequency noise caused by wind and ground motion. Additionally, GControl calculated real-time, location-specific tidal corrections during data collection, enhancing the accuracy and reliability of the survey results.
With a typical mean data accuracy of 0.02 mgals, MWH Geo-Surveys continues to set the standard for high-resolution gravity surveys, delivering reliable results for resource exploration and geophysical studies.
Qualifying Statement:
The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed by Darren Slugoski, P.Geo., VP Exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan. Mr. Slugoski is a Qualified Person as defined by National Instrument 43-101.
About Stallion Uranium Corp.:
Stallion Uranium is working to ‘Fuel the Future with Uranium' through the exploration of roughly 2,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones.
Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com .
On Behalf of the Board of Stallion Uranium Corp.:
Matthew Schwab
CEO and Director
Corporate Office:
700 - 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6
T: 604-551-2360
info@stallionuranium.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.
Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement .
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9f662513-edcd-4d23-aaef-13b2a9234fca Â
 https://www.globenewswire.com/NewsRoom/AttachmentNg/bd5964ef-50b1-4add-a2fb-d86ee32b0ad9
News Provided by GlobeNewswire via QuoteMedia
Keep reading...Show less
30 April
Quarterly Activities/Appendix 5B Cash Flow Report
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00
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.Â