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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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