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Energy
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General Market Commentary
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General Energy
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General Market Commentary
Energy Fuels CEO: We're Ready To Go When The Market Is Ready To Respond
Energy Fuels Inc. CEO Mark Chalmers joined INN at PDAC2020 to discuss the company's support of the recent announcement by the Trump administration to establish a strategic uranium reserve in the United States by 2021. Chalmers says Energy Fuels is well positioned to fill some of this demand, and is preparing to start ramping up production at some of their sites in the US this year.
"I'm very proud of the efforts that, largely spearheaded by our company, the attention we've gotten from the United States government to have a sustainable and growing nuclear fuel cycle in the United States once again," Chalmers said.
He mentioned that, as global environmental concerns continue, the use of uranium as an energy source will become essential