Energy Fuels posted a FY 2025 net loss of USD 86.1 million, with revenues of USD 65.9 million (down 16%) and an operating loss of USD 101.2 million. Costs applicable to revenues were USD 52.2 million (down 7%). Basic and diluted net loss per share was USD 0.38. Net cash used in operating activities totaled USD 89.5 million in FY 2025, while net cash used in investing activities was USD 778.1 million and net cash provided by financing activities was USD 895.0 million. As of December 31, 2025, Energy Fuels reported working capital of USD 927.4 million, including cash and cash equivalents of USD 64.7 million and marketable securities of USD 797.1 million. In its uranium business, Energy Fuels reported uranium concentrates revenue of USD 48.2 million in FY 2025, with 650,000 lbs. sold at a realized sales price of USD 74.21/lb. and costs applicable to uranium concentrates of USD 33.1 million (USD 50.89/lb.). The company produced 1,015,000 lbs. of finished U3O8 at the White Mesa Mill in 2025 and mined mineralized material containing approximately 1,720,000 lbs. of U3O8 in 2025, including 1,530,000 lbs. at Pinyon Plain at an average grade of 1.62% eU3O8. Energy Fuels ended 2025 with approximately 810,000 lbs. of finished uranium inventory and approximately 1,370,000 lbs. of U3O8 contained in stockpiled mineralized material, Alternate Feed Materials and work-in-process. In heavy mineral sands, FY 2025 revenue was USD 15.8 million, with 21,319 tonnes sold at a realized sales price of USD 742/tonne; the company said the final Kwale product shipment occurred in April 2025 following the end of mining in December 2024, and it did not earn a gross profit on HMS sales in 2025. Energy Fuels also reported no revenues from rare earth elements in FY 2025, while highlighting REE progress at White Mesa, including 29 kg of pilot-scale dysprosium produced through December 31, 2025 and separated NdPr inventory of approximately 34 tonnes at year-end. The company also disclosed USD 700.0 million of 0.75% convertible senior notes due 2031 issued in October 2025, and said it expects its president, Ross Bhappu, to become CEO on April 15, 2026 as part of succession planning.
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: 0001385849-26-000009), on February 26, 2026, and is solely responsible for the information contained therein.
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