Feb 5, 2021
The new Joe Biden White House agenda “rests on a foundation provided by the nation’s nearly 600,000 miners — miners and a mining industry ready to do their parts to help drive America’s post-pandemic recovery,” according to recent NWITimes article (https://ibn.fm/cSMsr). That agenda is welcomed by U.S. mining companies, including Energy Fuels (NYSE American: UUUU) (TSX: EFR), the country’s largest producer of uranium, who also expects to become a producer of an intermediate rare earth element (“REE”) product in early 2021.
According to the article, Biden’s website states: “We’ve seen the importance of bringing home critical supply chains so that we aren’t dependent on other countries in future crises.” The article goes on to point out that…
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