Energy Fuels says terbium oxide clears qualification for Japanese permanent magnet maker

• Energy Fuels said its terbium oxide produced at the White Mesa Mill in Utah has cleared all qualification tests for use by one of Japan’s largest rare earth permanent magnet manufacturers outside China, allowing commercial magnet production with no further validation.
• Terbium oxide was priced at about $5.5 million per tonne, based on Benchmark Mineral Intelligence CIF Europe data cited in the release.
• The company previously secured qualifications for its neodymium-praseodymium and dysprosium oxides for permanent magnet manufacturing.
• Energy Fuels expects the pending acquisitions of Australian Strategic Materials and Vacuumschmelze to position it as a vertically integrated “mine-to-magnet” supplier in the U.S. and Europe.

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 PR Newswire (Ref. ID: 202608190615PR_NEWS_USPR_____TO29249) on August 19, 2026, and is solely responsible for the information contained therein.