Energy Fuels advances Utah heavy-rare-earth expansion amid VAC deal risk

Energy Fuels has reportedly begun a $104 million White Mesa Mill expansion focused on dysprosium and terbium; feedstock, recovery performance, financing, economics, and commissioning remain key tests. GM reportedly cancelled its agreement to take 90% of e-VAC’s roughly 2,000-tonne capacity, leaving the proposed $1.9 billion VAC acquisition uncertain amid arbitration and a possible purchase-price adjustment.