Energy Fuels Achieves First Domestic Production of High-Purity Dysprosium Oxide

Energy Fuels Inc. has completed production of its first kilogram of dysprosium oxide at pilot scale at the company's White Mesa Mill in Utah, achieving a significant milestone in domestic rare earth element production. The material reached 99.9% purity, exceeding the 99.5% commercial specification, with the mill expected to maintain production at a rate of two kilograms per week. The company believes it is the first U.S. company to both produce high-purity dysprosium oxide and publicly disclose actual production volumes and purities.

This achievement demonstrates the viability of establishing a fully non-Chinese rare earth oxide supply chain, utilizing monazite mined from domestic sources in Florida and Georgia. The successful production has already generated strong interest from multiple magnet manufacturers and original equipment manufacturers seeking samples to accelerate their validation processes. For more information about Energy Fuels' operations and projects, visit http://www.energyfuels.com. Additional news and updates relating to the company are available through their newsroom at http://ibn.fm/UUUU.

The development represents a crucial advancement in reducing American dependence on foreign rare earth supplies, particularly from China, which currently dominates the global market. Dysprosium is a critical mineral essential for manufacturing high-strength permanent magnets used in electric vehicles, wind turbines, and various defense applications. This domestic production capability enhances national security and supports the growing clean energy transition by ensuring reliable access to these strategically important materials. The successful pilot-scale production at White Mesa Mill demonstrates that domestic processing of rare earth elements from American-mined resources is both technically feasible and commercially viable, potentially paving the way for larger-scale production facilities in the future.

The implications of this breakthrough extend beyond immediate commercial applications to broader strategic considerations for U.S. manufacturing and national security. By establishing a domestic source for dysprosium oxide, the United States reduces its vulnerability to supply chain disruptions and geopolitical tensions that could affect imports from dominant producers. This development supports multiple critical industries including renewable energy, where dysprosium-containing magnets are essential for efficient wind turbine generators, and transportation, where electric vehicle motors rely on these high-performance magnetic materials. The successful production at 99.9% purity also indicates that domestic processing can meet or exceed international quality standards, potentially positioning the United States as a competitive supplier in the global rare earth market.