Energy Fuels, Chemours Forge Alliance to Enhance U.S. Critical Mineral Supply Chain

Energy Fuels and The Chemours Company have announced a strategic alliance aimed at strengthening the U.S. domestic supply chains for critical minerals, including rare earth elements, titanium, and zircon. This partnership seeks to leverage the complementary capabilities of both companies amid growing demand and geopolitical tensions that necessitate a reduction in reliance on foreign sources, particularly from China. Energy Fuels, a leading U.S. producer, is currently developing heavy mineral sands projects in Madagascar, Brazil, and Australia to enhance its production capacity. The alliance builds on a successful four-year collaboration and reflects a broader industry effort to reshore mineral supply chains and address supply challenges. Executives from both companies have expressed optimism about the partnership's potential to impact national security and industrial resilience positively. The announcement follows Energy Fuels' recent preliminary agreement with South Korea's Posco International to explore rare-earth supply chains for electric vehicles.