Puneet Singh's questions to Energy Fuels Inc (UUUU) leadership • Q3 2024
Question
Puneet Singh of Eight Capital asked about the strategic advantages of Energy Fuels' focus on conventional mining versus ISR, given industry challenges, and inquired about the company's ability to source necessary labor for its operations.
Answer
President and CEO Mark Chalmers highlighted operational flexibility as the key advantage of conventional mining, noting mines can be stopped and started quickly without the long-term commitments and restoration liabilities of ISR. On labor, he acknowledged that finding skilled miners is a challenge but stated Energy Fuels benefits from a stable, local workforce in Blanding, Utah, and is actively training new personnel, facing fewer competitive pressures than ISR hubs.