Energy Fuels Inc. Files 8-K

TL;DR

Energy Fuels filed an 8-K on Nov 28th, check it for material updates.

AI Summary

Energy Fuels Inc. filed an 8-K on December 4, 2024, reporting an event that occurred on November 28, 2024. The filing is categorized under 'Other Events' and 'Financial Statements and Exhibits'. Specific details regarding the nature of these events or financial statements are not provided in this excerpt.

Why It Matters

This filing indicates a material event or financial update from Energy Fuels Inc., requiring disclosure to investors and the public.

Risk Assessment

Risk Level: low — The filing is a standard disclosure document without immediate negative or positive financial implications presented in this excerpt.

Key Players & Entities

• ENERGY FUELS INC. (company) — Registrant
• 0001385849 (company) — Central Index Key
• 001-36204 (company) — SEC File Number
• 225 UNION BLVD., SUITE 600 (location) — Business Address
• LAKEWOOD (location) — City
• COLORADO (location) — State
• 80228 (location) — ZIP Code
• 303-974-2140 (phone_number) — Business Phone
• December 4, 2024 (date) — Date of Report
• November 28, 2024 (date) — Date of earliest event reported

FAQ

Filing Documents

• form8k.htm (8-K) — 20KB
• 0001062993-24-020074.txt ( ) — 233KB
• efr-20241128.xsd (EX-101.SCH) — 5KB
• efr-20241128_cal.xml (EX-101.CAL) — 1KB
• efr-20241128_def.xml (EX-101.DEF) — 22KB
• efr-20241128_lab.xml (EX-101.LAB) — 46KB
• efr-20241128_pre.xml (EX-101.PRE) — 25KB
• form8k_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events. On November 28, 2024, Energy Fuels Inc. (" Energy Fuels " or the " Company ") announced that the Madagascar Council of Ministers, as Chaired by the President of the Republic of Madagascar, lifted the suspension (the " Suspension ") of the Company's 100%-owned Toliara critical minerals project (the " Toliara Project "). The Suspension, which prohibited development activities at the Toliara Project, was imposed by the Government in November 2019. As previously announced, Energy Fuels acquired Base Resources and the Toliara Project in October 2024. The Company currently holds a mining permit relating to the Toliara project that allows production of titanium and zirconium minerals, including ilmenite, rutile and zircon. Following the decision of the Madagascar Council of Ministers to lift the Suspension relating to the permit, the Company intends to recommence development and investment in the Toliara Project, re-establish community and social programs, and advance the technical, environmental and social activities necessary to achieve a positive Final Investment Decision (" FID "), which the Company expects to make by early 2026. While the Toliara Project is progressing towards a FID, the Company intends to continue working with the Government of Madagascar to formalize the fiscal, stability and other terms applicable to the project, including the addition of rare-earth element production to the existing mining permit, through a memorandum of understanding, an investment agreement, amendments to existing laws and/or other mechanisms as appropriate.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains certain "forward looking information" and "forward-looking statements" within the meaning of applicable United States and Canadian securities legislation (collectively, "forward-looking statements"), which may include, but are not limited to, statements with respect to: the Company's intentions to recommence development and investment in the Toliara Project; any expectation that the Company will continue working with the Government of Madagascar to formalize fiscal and other terms applicable to the Toliara Project through a memorandum of understanding, an investment agreement, amendments to existing laws and other mechanisms as appropriate; any expectation that a memorandum of understanding, an investment agreement, amendments to existing laws and other mechanisms required to formalize fiscal and other terms applicable to the Toliara Project will be entered into or finalized in a satisfactory manner or at all; any expectation that rare-earth element production will be added to the existing mining permit; any expectation that the financial and legal stability of the Toliara Project will be maintained; any expectation that a positive FID will be made for the Toliara Project and the timing of any such positive FID; and any expectation that the Toliara Project will be developed. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans," "expects," "does not expect," "is expected," "is likely," "budgets," "scheduled," "estimates," "forecasts," "intends," "anticipates," "does not anticipate," or "believes," or variations of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will be taken," "occur," "be achieved" or "have the potential to." All statements, other than statements of historical fact, herein are considered to be forward-looking statements. Forward-looking statements involv

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ENERGY FUELS INC. (Registrant) Dated: December 4, 2024 By: /s/ David C. Frydenlund David C. Frydenlund Executive Vice President, Chief Legal Officer and Corporate Secretary 3

View Full Filing

View this 8-K filing on SEC EDGAR