Why These Energy Stocks are Gaining This Week

5. Energy Fuels Inc. (NYSE:UUUU)

Share Price Gains Between Apr. 9 – Apr. 16: 16.27%

Next on our list of Energy Stocks Gaining the Most this Week is Energy Fuels Inc. (NYSE:UUUU), a leading US-based critical minerals company, focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes.

Energy Fuels Inc. (NYSE:UUUU) is among the companies that are set to benefit the most from the escalating trade tensions between the US and China. The company announced this week that it has successfully developed the technology required to produce six of the seven rare earth oxides, at scale, that are now subject to the recently enacted Chinese export controls. Moreover, Energy Fuels’ White Mesa mill in Utah is the only operational conventional uranium and vanadium mill in the US, putting it at a significant competitive advantage in the current geopolitical landscape.