TORONTO, ONTARIO and LAKEWOOD, COLORADO--(Marketwired - Nov 7, 2014) -
Energy Fuels Inc. (NYSE MKT:UUUU)(TSX:EFR) ("Energy Fuels" or the "Company") is pleased to announce that it has completed the previously announced sale of the Piñon Ridge radioactive materials license and related assets (the "Piñon Ridge Project") to a private investor group led by Baobab Asset Management LLC and George Glasier, as part of its continuing cost reduction and asset rationalization efforts, on terms previously disclosed. Since the Company owns and operates the 2,000 ton per day White Mesa Mill, the Company no longer needs to construct the 500 ton per day Piñon Ridge Project in order to meet its current or planned production. Energy Fuels' Wh...
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