Energy Fuels Inc. announced that its high-purity dysprosium oxide has successfully passed all initial purity and quality assurance benchmarks of a major South Korean automotive manufacturer for use in downstream rare earth permanent magnet production. The qualification represents a significant step in the company's critical materials strategy, confirming its ability to produce separated heavy rare earth oxides from monazite at its White Mesa Mill in Utah. This development follows the company's earlier qualification of neodymium-praseodymium oxide for magnet applications, positioning Energy Fuels as a growing domestic supplier of materials essential for electric vehicles, wind turbines, and various high-tech applications.
The company reported producing approximately 29 kilograms of dysprosium oxide at pilot scale to date, achieving 99.9% purity that exceeds automotive specifications. The successful qualification comes amid ongoing global supply constraints for rare earth elements, particularly those used in permanent magnets that are critical to the transition toward electrified transportation and renewable energy. Dysprosium enhances the high-temperature performance of neodymium-based magnets, making them suitable for demanding automotive applications where operating temperatures can exceed 150 degrees Celsius.
Energy Fuels' progress in rare earth element production occurs alongside its established uranium operations, with the company having been the leading U.S. producer of natural uranium concentrate for several years. The White Mesa Mill remains the only fully licensed and operating conventional uranium processing facility in the United States, providing infrastructure that supports the company's diversification into critical materials. For more information about the company's operations, visit http://www.energyfuels.com.
The qualification with a major automotive manufacturer validates not only the technical capabilities at White Mesa Mill but also the commercial viability of domestic rare earth production. This development supports efforts to reduce dependence on concentrated foreign supply chains, particularly as demand for permanent magnets continues to grow with the expansion of electric vehicle manufacturing globally. The full press release detailing this announcement is available at https://ibn.fm/DwsCv.
