Cautionary Note Regarding Forward-Looking Statements: This news release contains certain "Forward Looking Information" and "Forward Looking Statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"), which may include, but are not limited to, statements with respect to: any expectation that the Company will maintain its position as a leading U.S.-based critical minerals company or as the leading producer of uranium in the U.S.; any expectation that the Company will quickly revitalize the U.S. uranium industry, quickly increase short-term U.S. uranium supply, or advance key components of the Administration's Nuclear Energy, Energy Dominance, and Critical Mineral agendas; any expectation that the Company will successfully advance its longer-term 'pipeline' projects to maintain and grow Energy Fuels' domestic production profile and market share; any expectation that the Bullfrog project in Utah, Roca Honda project in New Mexico and EZ Complex in Arizona will be important pipeline uranium projects expected to support Energy Fuels' long-term U.S. production profile; any expectation as to the profitability of any of the Company's projects or operations; any expectation that, as one of only two commercial-scale U.S. producers of high-purity rare earth oxides, the Company will simultaneously drive significant long-term shareholder value and support critical U.S. federal government priorities; any expectation that the Pinyon Plain mine stands alone as the most important domestic uranium mine today, or as to future ore grades, costs of production or production from the mine; any expectation as to the accuracy of Mineral Resource estimates; any expectation as to the exploration potential at the Pinyon Plain mine; any expectation that mining results to date bode well and demonstrate that the Pinyon Plain Mine has the potential for a significantly larger uranium resource and more exploration potential than previously reported, which could potentially support a longer mine life and/or a faster mining rate; any expectation as to initial capital costs, sustaining capital costs, operating costs, sales prices, cash flows, payback, after-tax NPV, or after-tax IRR for any of the Company's mines or projects; any expectation that the Company's Roca Honda project qualifies as a "FAST-41 Covered Project," which has the potential to result in expedited federal review; any expectation that the Company's Roca Honda Project will become a large-scale and long-term uranium producer, beginning later this decade; any expectation that the Company will be successful in renewing its Aquifer Protection Permit (APP) at the EZ Complex; any expectation as to the timing or success of the Company's permitting initiatives at its mines or other projects; and any expectation that the Company's evaluation of the recovery of certain medical isotopes from existing uranium process streams needed for emerging cancer treatments will be successful or commercially feasible. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans," "expects," "does not expect," "is expected," "is likely," "budgets," "scheduled," "estimates," "forecasts," "intends," "anticipates," "does not anticipate," or "believes," or variations of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will be taken," "occur," "be achieved" or "have the potential to." All statements, other than statements of historical fact, herein are considered to be forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements express or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements include risks associated with: commodity prices and price fluctuations; engineering, construction, processing and mining difficulties, upsets and delays; permitting and licensing requirements and delays; changes to regulatory requirements; the imposition of tariffs and other restrictions on trade; legal challenges; the availability of feed sources for the Mill; competition from other producers; public opinion; government and political actions; market factors, including commodity prices; actual results differing from estimates and projections; the ability of the Mill to recover radium or other radioisotopes at reasonable costs or at all; market prices and demand for medical isotopes; and the other factors described under the caption "Risk Factors" in the Company's most recently filed Annual Report on Form 10-K, which is available for review on EDGAR at , on SEDAR+ at , and on the Company's website at . Forward-looking statements contained herein are made as of the date of this news release, and the Company disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Company assumes no obligation to update the information in this communication, except as otherwise required by law., 606-A 5th Avenue . Brooklyn, NY 11215. 718.499.6991 718.499.6999, We are currently the largest U.S. uranium provider, supplying American nuclear energy utilities with the first step in the zero-emissions nuclear energy fuel cycle. We also produce rare earth oxides, processing at our facility in the U.S. and are adding new products like titanium, zircon minerals and medical isotopes..