Energy Fuels acquires rare earths project

In a move that secures high-quality feedstock for its growing rare earths product line, Energy Fuels Inc. has paid $21.9 million to acquire Bahia, a large heavy mineral sands project in Brazil.

"Energy Fuels has achieved yet another important milestone for our expanding rare earth business through our acquisition of the Bahia project," said Energy Fuels President and CEO Mark Chalmers.

Monazite co...