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Stock impact report

US-Based Energy Fuels and South Korea-Based POSCO International Forge Collaboration to Create Non-China Rare Earth Magnet Supply Chain [Yahoo! Finance]

Energy Fuels Inc Ordinary Shares (Canada) (UUUU) 
NASDAQ:AMEX Investor Relations: energyfuels.com/investors
Company Research Source: Yahoo! Finance
by linking Energy Fuels' emerging U.S. rare earth oxide production with POSCO's current position as a global leader in traction motor cores used in EVs and hybrid EVs sold by major OEMs. DENVER March 17, 2025 /CNW/ - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (Energy Fuels or the Company), a leading U.S. producer of uranium, rare earth elements (REE), and heavy mineral sands (HMS), today announced the signing of a strategic Memorandum of Understanding (MOU) with South Korea -based POSCO International Corporation (POSCO) that sets out the principal terms of a collaboration that, if successful, has the potential to create a new non-China REE supply chain for electric vehicle (EV) and hybrid EV drivetrains for U.S., E.U., Japanese and South Korean auto-makers. Energy Fuels Inc., a US-based uranium and rare earth elements producer. (CNW Group/Energy Fuels Inc.) POSCO is a proven producer of traction motor cores, which are key components in EV and hybrid EV drivetrains and a Show less Read more
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