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Stock impact report

Chemours and Energy Fuels Forming Strategic Alliance to Create a Domestic Supply Chain of Critical Minerals for the United States

Chemours Company (The) (CC) 
Last chemours company (the) earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)--The Chemours Company (NYSE: CC) and Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), today announced they are forming a strategic alliance to expand the companies’ existing relationship to enhance U.S. domestic rare earth and critical mineral supply chains to meet increasing demand.The alliance will capitalize on the complementary geographic and operational synergies of both organizations. Energy Fuels, a leading U.S. producer of rare earth elements, is currently developing new heavy mineral sands projects in Madagascar, Brazil, and Australia, expected to produce world-scale quantities of rare earth, titanium ilmenite and zircon minerals in the coming years. Chemours mines and separates heavy mineral sands from its mines in Florida and Georgia.“Chemours is proud to play a role in strengthening U.S. critical and rare earth mineral supply. This is a transformative time in our industry, and we are fortunate to have found a likeminded U.S. partner Show less Read more
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