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Neo Performance Materials’ Constantine Karayannopoulos and Energy Fuels’ Mark Chalmers on the 2023 Critical Minerals Market

In this InvestorIntel interview during PDAC 2023, the Critical Minerals Institute co-founder moderates a discussion on the 2023 Critical Minerals Market with the upcoming June 14-15th CMI Summit II keynote speakers. Joined by Neo Performance Materials Inc.’s (TSX: NEO) CEO and Director Constantine Karayannopoulos and Energy Fuels Inc.’s (NYSE American: UUUU | TSX: EFR) CEO, President, and Director Mark Chalmers they tackle the real issues facing this geopolitically charged sector today.

Starting with the issues being compounded on the rare earths supply chain from the 2030 electric vehicles (“EV”) mandates, they touch on some of the subjects they will discuss in their keynote presentations at the Critical Minerals Institute Summit II on June 14-15th in Toronto. Addressing the EV Demand Drivers in the Race to Achieve a Critical Minerals Supply Chain, they also discuss investment, resource, infrastructure, and skills gaps that governments and industries need to bridge in order to meet Net Zero deadlines.

With Tesla recently announcing its plans for rare earths’ free electric vehicles (“EVs”), Mark discusses how Tesla represents only a small portion of rare earths demand. Constantine adds, “…the rare earth magnet motors will continue to be the most efficient motor that you can put in an EV.”

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About Neo Performance Materials Inc.

Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability.  Neo’s advanced industrial materials – magnetic powders and magnets, specialty chemicals, metals, and alloys – are critical to the performance of many everyday products and emerging technologies. Neo’s products help to deliver the technologies of tomorrow to consumers today.  Neo’s business is organized into three segments: Magnequench, Chemicals & Oxides, and Rare Metals. Neo is headquartered in Toronto, Ontario, Canada; with corporate offices in Greenwood Village, Colorado, US; Singapore; and Beijing, China. Neo operates globally with sales, research and development, and production facilities and offices across 10 countries:  Japan, China, Thailand, Estonia, Singapore, Germany, the United Kingdom, Canada, the United States, and South Korea. For more information, please visit www.neomaterials.com.

To learn more about Neo Performance Materials Inc., click here.

About Energy Fuels Inc.

Energy Fuels is a leading US-based critical minerals company. The Company mines uranium and produces natural uranium concentrates that are sold to major nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels recently began production of advanced rare earth element (“REE“) materials, including mixed REE carbonate, and plans to produce commercial quantities of separated REE oxides in the future. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. Its corporate offices are in Lakewood, Colorado, near Denver, and substantially all its assets and employees are in the United States. Energy Fuels holds two of America’s key uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (“ISR“) Project in Wyoming. The White Mesa Mill is the only conventional uranium mill operating in the US today, has a licensed capacity of over 8 million pounds of U3Oper year, has the ability to produce vanadium when market conditions warrant, as well as REE products, from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Company recently acquired the Bahia Project in Brazil, which is believed to have significant quantities of titanium (ilmenite and rutile), zirconium (zircon), and REE (monazite) minerals. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the US and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development.

To learn more about Energy Fuels Inc., click here.

Disclaimer: Neo Performance Materials Inc. and Energy Fuels Inc. are advertorial members of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

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