(Energy Fuels: Denver) -- Energy Fuels Inc., a leading U.S. producer of uranium, rare earth elements and other critical minerals, announced that high-purity neodymium-praseodymium (NdPr) oxide produced at its White Mesa Mill in Utah has been manufactured into commercial scale rare earth permanent magnets (REPMs) by South Korea’s largest manufacturer of drive unit motor cores, pursuant to a previously announced MOU, and has passed all quality assurance and quality control (QA/QC) benchmarks for use in EV drive unit motors sold to major automotive manufacturers.

This included the successful manufacture of Energy Fuels’ NdPr oxide into NdPr metal, neodymium-iron-boron (NdFeB) alloy sintered blocks (45H grade), and high-performance, high-temperature NdFeB REPMs.

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