Why Energy Fuels Stock Rallied Today
Shares of Energy Fuels (NYSEMKT: UUUU) rallied on Tuesday, rising 13.7% as of 1:26 p.m. ET.
Energy Fuels' core business is in uranium mining and processing, but today's rally likely had to do with its other important growth driver: rare earths.
Energy Fuels' White Mesa mill is the only U.S. facility capable of processing monazite into rare-earth element oxides, with the vast majority of the world's rare-earth processing taking place in China.
Source Fool.com
