** Shares of mining company Energy Fuels UUUU.A rise 10.6% to $4.90 premarket
** Company develops technical ability to commercially produce samarium, gadolinium, dysprosium, terbium, lutetium, yttrium and other oxides, subject to newly enacted Chinese export controls
** UUUU said its White Mesa Mill in Utah has the commercial capacity to process monazite ore concentrates into separated neodymium-praseodymium (NdPr) oxide
** Company expects to increase its capacity to be able to process 60,000 tonnes of monazite per year in the coming years
** "Energy Fuels is uniquely positioned to quickly help fill the gaps President Trump identifies in his Critical Mineral Executive Order ... we now have the data, knowledge .. .to produce 'light', 'mid' and 'heavy' rare earth oxides at scale," said CEO Mark Chalmers
** Up till last close, stock down 22% YTD
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
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