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Energy Fuels creates joint venture to maximize value of Copper King project

  • Uranium producer Energy Fuels (UUUU -1.7%) establishes a joint venture to focus on the development or sale of the company’s Copper King gold and copper project in Wyoming; Energy Fuels will own 50% of the new venture, with the rest held by a private investor group.
  • While gold and copper are not a core part of the company's uranium business, CEO Stephen Antony says it wants to retain a substantial interest in the project to realize the "significant expected benefits" of its future development or sale.
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