02:29 PM EST, 11/28/2024 (MT Newswires) -- Denver-based Energy Fuels Inc. ( UUUU ) , a player in the U.S. production of uranium and rare earth elements, was at last look up 5.5% in Toronto after announcing the Madagascar Council of Ministers, as Chaired by the President of the Republic of Madagascar, has lifted the suspension of the company's 100%-owned Toliara critical minerals project.

A statement noted the suspension was imposed by the Government in November 2019. In October 2024, Energy Fuels ( UUUU ) acquired Base Resources and the Toliara Project.

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