Energy Fuels (UUUU) Soared This Week. Here is Why

The share price of Energy Fuels Inc. (NYSEAMERICAN:UUUU) surged by 18.56% between July 15 and July 22, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Energy Fuels Inc. (NYSEAMERICAN:UUUU), a leading US-based critical minerals company, focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes.

As the largest uranium provider in the US, Energy Fuels Inc. (NYSEAMERICAN:UUUU) received a massive boost after the U.S. Department of Energy (DOE) announced the Fuel Line Pilot Program, aimed at accelerating the development of advanced nuclear reactors and strengthening domestic supply chains for nuclear fuel.

Moreover, Energy Fuels Inc. (NYSEAMERICAN:UUUU) announced last week that it had commenced the production of heavy rare earth element oxides at its White Mesa Mill in Utah, making it the only American company producing these oxides from commercial rare earth ores. Energy Fuels plans to scale up production to commercial levels by late next year, with potential contributions from its Donald Project in Australia by the end of 2027, thereby providing the country with much-needed domestically produced heavy rare earth oxides.

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