Energy Fuels gets governmental green light for La Sal Complex expansion

By Dale Benton
A leading integrated US-based uranium mining company has announced that plans to expand one of its largest uranium and vanadium mining complexes has bee...

A leading integrated US-based uranium mining company has announced that plans to expand one of its largest uranium and vanadium mining complexes has bee given the all important governmental approval.

Energy Fuels, holder of America’s three key uranium production centres, announced in a statement this week that it had received approval from the US Bureau of Land Management and US Forest Service for the expansion of ita 100% owned La Sal Complex of uranium/vanadium mines.

The La Sal Complex is a series of several past producing uranium and vanadium mines, currently on standby status in the San Juan County, Utah.

Through a number of expansion development, Energy Fuels plans to expand its development rock storage, dill up to 400 exploration holes to expand deposits, construct ventilation shafts as well as the reclamation of historic disturbances by previous mine operators.

During the 2007 to 2013-time period, 446,000 tons of mineralized material were mined from the La Sal Complex and processed at the White Mesa Mill.

According to a technical report completed in 2014, the La Sal Complex holds 1.1 million tons of Measured and Indicated Mineral Resources containing 4.1 million pounds of uranium and 21.5 million pounds of vanadium.


Related stories:

Mining and metal deals reached $51 billion in 2017

Metals in 2018: The industry is cleaning up

SL Mining receives mining licence agreement for Sierra Leone Marampa Project

Piedmont Lithium commences extensive drilling at North Carolina project


Mark S. Chalmers, President and CEO of Energy Fuels, stated: “We are pleased that the BLM and USFS issued approvals for expansion of this project following a comprehensive multi-year analysis. This is particularly important, as the mines and properties comprising the La Sal Complex contain large quantities of uranium resources, along with significant high-grade vanadium resources. We have recently seen vanadium prices increase significantly, and our nearby White Mesa Mill has a long history of producing uranium and vanadium from these mines.

This project is fully-permitted and constructed, and is currently on standby status, ready to resume mining operations within approximately six months of a production decision, with minimal capital required.

We believe these approvals once again demonstrate that Energy Fuels is a responsible operator and an asset to the region. We also acknowledge and appreciate the hard work and professionalism of the BLM and USFS staff involved in the preparation of this EA. We are the largest private employer in San Juan County, Utah, including a major employer of Native Americans, and these approvals set the stage for our Company to grow in the region in the future.”


Featured Articles

Newmont acquires Newcrest to lead responsible mining

Mining company Newmont has announced an agreement to acquire Newcrest, to strengthen its position as a leader in safe & sustainable gold and copper mining

Mining software market to be worth $14.9 bn by 2028

Over the period of forecast, the surface mining segment is anticipated to hold the majority of the market share.

IEA highlights Latin America's abundant critical materials

The International Energy Agency's latest research paper highlights Latin America's opportunity in critical minerals for the clean energy transition

McKinsey: Design is the answer to supply chain disruption

Supply Chain & Operations

Extending maintenance intervals with ultra-hard wearfacings


Automating your processes? Invest in the right skills

Smart Mining