Energy Fuels Inc. has announced a major milestone in the production of critical minerals at its White Mesa Mill in Utah. The company has successfully produced its first kilogram of dysprosium oxide with a purity of 99.9%, surpassing the commercial specification of 99.5%. This achievement positions Energy Fuels as the first U.S. company to produce high-purity dysprosium oxide and disclose production volumes and purities publicly. The dysprosium oxide, derived from monazite mined in Florida and Georgia, is being produced at a rate of two kilograms per week. This development marks a significant step towards establishing a non-Chinese supply chain for heavy rare earth oxides in the U.S. Energy Fuels is also planning to commence terbium production in Q4 2025 and aims to install large-scale production capacity for heavy rare earth oxides by Q4 2026.