Energy Fuels begins monazite mining operations in Southern Bahia, Brazil
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Energy Fuels began monazite mining operations in Southern Bahia, Brazil, on January 1, 2026. The company acquired about 15,000 hectares in the region in 2023. Energy Fuels plans to mine between 3,000 and 10,000 tons of monazite sand annually. This sand will be shipped to the US for processing at its White Mesa Uranium Mill in Utah.
From brazilsun.com
Why it matters
The Bahia Project is described by Energy Fuels as advancing the global energy transition by extracting strategic minerals essential for clean technologies. The operation involves shipping raw materials from Brazil to the US for processing. However, the mining process carries risks of contaminating the environment with radioactive thorium and uranium.
From brazilsun.com
Who's involved
- Energy FuelsCanadian uranium mining company operating the monazite mining project.
- BahiaState in Brazil where Energy Fuels operates the mining project.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SalvadorSpeculative
Could see changes in local economic activity and infrastructure demand.
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The entities involved
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Energy Fuels
Canadian uranium mining company
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Bahia
state in the Northeast Region of Brazil