Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earths and critical materials, announced the appointment of Ross R. Bhappu as chief executive officer, effective April 15, 2026. Bhappu, who has served as president since August 2025, brings more than 30 years of leadership experience spanning mining, critical minerals, finance and international resource development. He succeeds Mark S. Chalmers, who is retiring after more than eight years as CEO and will remain with the company as an exclusive uranium and rare earth consultant for two years. The transition marks a strategic move to ensure continuity in Energy Fuels' focus on uranium and rare earth production amid growing demand for critical materials.
Bhappu's appointment comes at a pivotal time for Energy Fuels, which operates the only fully licensed conventional uranium mill in the U.S. — the White Mesa Mill in Utah — where it also produces rare earth element (REE) products and evaluates medical isotope recovery for emerging cancer therapies. The company is also developing three heavy mineral sands/rare earths projects: the Vara Mada Project in Madagascar, Bahia Project in Brazil, and Donald Project in Australia (through a joint venture with Astron Limited). With several uranium projects in the western United States, Energy Fuels has been the top U.S. producer of natural uranium concentrate, supplying nuclear utilities. The leadership change signals the company's commitment to advancing its portfolio of critical mineral assets as global demand for clean energy technologies and nuclear power increases.
The full press release is available at https://ibn.fm/UakDn. For ongoing updates, the company's newsroom can be accessed at http://ibn.fm/UUUU.
Based in Lakewood, Colorado, Energy Fuels is a leading U.S. critical materials company specializing in uranium, rare earth elements, heavy mineral sands, vanadium, and the development of medical isotopes. The company's shares trade on the NYSE American ("UUUU") and TSX ("EFR"). This leadership transition underscores the importance of stable management in navigating the complex regulatory and market dynamics of the critical minerals sector, which is essential for national security and the transition to a low-carbon economy.
