AI is consuming tons of power - that’s leading to a power problem for data centers.
At the same time, something else is happening: The U.S. is reindustrializing its defense here in the U.S.
Plus, more countries are turning to nuclear power as it may be a consistent power solution.
All of these things share one thing: Uranium.
But there's a problem: We don’t have enough of it.
That means companies can’t yet experiment with nuclear energy as a source of energy for data centers and the U.S. military can’t get the supply it needs for weapons.
But there’s one company that is aiming to solve this issue, Energy Fuels Inc. (UUUU).
And right now, it’s the only uranium miner that is operating in the United States.
That could mean shares of the company grow alongside demand for uranium growing across the world.
But what things need to happen in order for it to benefit?
Let’s break down UUUU, why investors are looking at the stock now, and what investors should know before investing.
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What Makes UUUU Stock Stand Out
Energy Fuels operates the only traditional uranium mine currently producing in the United States.
The company runs the White Mesa Mill in Utah, which also happens to be the only U.S. facility with a permit to process monazite ore (a rare earth mineral).
This puts Energy Fuels in a unique position. The company mines both uranium and rare earth minerals, giving investors exposure to two critical supply shortages at once.
Why the U.S. Government Cares
The U.S. banned Russian uranium imports in August 2024 and allocated $2.72 billion to build domestic uranium supply.
Being the only purely U.S.-based uranium producer makes Energy Fuels strategically important.
In 2025, the U.S. government took equity stakes in several critical mineral companies.
The federal government took a 15% stake in MP Materials, the only major rare earth producer in the U.S.
It’s possible that Energy Fuels could be next in line for government investment, especially given its dual focus on both uranium and rare earths.
The Rare Earth Advantage
Rare earth minerals power everything from smartphones to missile guidance systems.
China currently controls over 90% of rare earth magnet production.
In March 2025, Energy Fuels partnered with Chemours to ramp up rare earth production.
The company states that President Trump's executive order on critical mineral production (signed April 15, 2025) makes them a prime candidate for scaling the U.S. supply chain.
UUUU Stock Price Performance
Shares of Energy Fuels grew by around 155% in 2025.
At the same time, the company's revenue fell from $54.5 million in 2016 to $1.6 million in 2020 during its strategic pivot.
By 2024, revenue hit an all-time high of $78.1 million.
At a $4 billion market cap, UUUU remains a small-cap company with significant volatility.
The company currently shows an EPS of -$0.43 as of Q1 2025, but that could change as production scales.
Investors need to know: This is a speculative opportunity.
There’s no guarantee that the government will take a stake in it or that uranium demand will increase.
At the same time, UUUU has yet to reach profitability, making it high-risk.
Still, investors who are comfortable with the high-risk could see this as a high-reward opportunity, as its growth could be on the horizon.
What Could Be Next For UUUU Stock
Energy Fuels' pilot program for rare earth production is already generating commercially viable amounts of rare earth elements.
Once the company processes these minerals at scale, it could join MP Materials as one of the major players in the domestic rare earth space.
For investors bullish on both uranium and rare earths, Energy Fuels offers dual exposure under the current administration's push for domestic critical mineral production.
The company's unique position as both the only U.S. uranium producer and a permitted rare earth processor makes UUUU stock an opportunity worth monitoring as both markets face supply constraints heading into 2026.
Always do your own due diligence before investing, as UUUU growing is not a sure bet and investors could lose money if demand for uranium does not rise.
This article only scratches the surface on UUUU and other rare earth or critical mineral stocks.
Our market analysts found more info & did a deep dive in our weekly investing report, Market Briefs pro.
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