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BUZZ-Energy Fuels up on uranium ore transport deal with Navajo Nation

ReutersJan 29, 2025 3:24 PM

Shares of miner Energy Fuels UUUU.A rise 3.5% to $5.46

Company and indigenous peoples' body Navajo Nation sign agreement for governing uranium ore transport along federal and state highways crossing the Navajo Nation

Ore transport from the company's Pinyon Plain Mine in northern Arizona to its White Mesa Mill in southern Utah now expected to resume in February

Company commits to accept and transport up to 10,000 tons of uranium-bearing cleanup materials from abandoned uranium mines within the Navajo Nation

Stock was down 30.4% in 2024

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