First Energy Fuels (UUUU) Corporate Media Kit

LAUNCHING RARE EARTH SUPPLY CHAINS HIGHLY CAPITAL EFFICIENT PLANUSING EXISTING FACILITIES • Short-Term Business Plan (Now): U.S.-E.U Supply Chain • Energy Fuels is currently purchasing natural monazite sand being produced at an existing HMS operations owned by The Chemours Company in Georgia (USA) (NYSE:CC) • Seeking to purchase additional monazite supply – in advanced discussions with major suppliers globally • Producing a REE carbonate at our existingWhite Mesa Mill in Utah • Delivering REE carbonate to existing separation facility owned by Neo Performance Materials in Europe (TSX: NEO) • Long-Term Business Plan (2023/4): U.S.-Centric Supply Chain • Develop fully-integrated REE separation & value-added REE capabilities atWhite Mesa Mill: • Capture full value of rare earth supply chain • Collaboration with Carester SAS &ANSTO; extensive experience recovering & separating rare earths from monazite using solvent extraction (SX) technology • White Mesa Mill has a 40+ year history of recovering uranium & vanadium using SX technology 12