Energy Fuels (UUUU) achieves a significant milestone by producing the first kilogram of dysprosium (Dy) oxide at pilot scale in Utah, exceeding purity expectations. The company plans to produce two kilograms per week, sparking interest from manufacturers. UUUU plans to expand production of Dy and Tb oxides by 2026.

Energy Fuels successfully produced neodymium-praseodymium oxide for EVs and hybrid vehicles last year. The company plans to start production at its Donald Project in Australia by 2027, alongside projects in Madagascar and Brazil. UUUU’s peer, MP Materials (MP), signed a long-term deal with Apple (AAPL) for recycled rare earth magnets.

Energy Fuels’ shares have gained 66.3% this year, outperforming the industry. The company’s forward price/sales multiple is 20.46X, significantly higher than the industry average. Analysts estimate a loss of 33 cents per share for 2025, with a profit of one cent per share for 2026. UUUU holds a Zacks Rank #3 (Hold).

Read more at Nasdaq: UUUU Produces Dysprosium: Can It Redefine the U.S. REE Supply Chain?