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Energy Fuels Inc.

09:58 AM EST - Energy Fuels Inc. : Has been awarded a contract to sell $18.5 million of natural uranium concentrates ("U3O8") to the U.S. government for the establishment of a strategic uranium reserve. The U.S. National Nuclear Security Administration, an office within the U.S. Department of Energy, is the agency tasked with purchasing domestic U3O8 and conversion services for the Uranium Reserve. The Uranium Reserve is intended to be a backup source of supply for domestic nuclear power plants in the event of a significant market disruption. Additionally, the Company announced its application for membership in the DOE's newly created HALEU Consortium. Energy Fuels Inc. shares T.EFR are trading up $0.26 at $8.11.