Energy Fuels Updates Pinyon Plain Mine Pre-Feasibility Study

Reuters02-27
Energy Fuels Updates Pinyon Plain Mine Pre-Feasibility Study

Energy Fuels Inc. reported updated pre-feasibility results for its wholly owned Pinyon Plain Mine in Coconino County, Arizona, a permitted underground uranium project that ships ore to the company’s White Mesa Mill in Utah under a toll milling agreement. The plan targets 133,000 short tons of ore grading 0.97% U3O8 over a 32-month mine life, producing an estimated 2.47 million pounds of recovered U3O8 at 96% recovery. Using an $80/lb uranium price assumption, the study estimates after-tax NPV at a 5% discount rate of about $78.3 million, with life-of-mine capital of roughly $10.6 million and operating costs of $542 per ton milled.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Fuels Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-001182), on February 26, 2026, and is solely responsible for the information contained therein.

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