introduction, today afternoon for and Adelaide, Australia. the that all me for South joining are actually, you and to good of in Thank it's morning
call. for QX Yes, joining -- thanks XXXX we're conference the
our We're always excited uranium talk about rare focus particularly earth. our and on achievements, to with
new also I'm a to presentation our that say for pleased today. have we format
We more compelling think fashion. it tells our story in a simpler,
business flow quiet, outstanding news our during our we're progress continuing though been little QX Even a make still to executing plan. has
overarching and the with continues the to be markets Certainly, driver uranium Ukraine. of the conflict Russia
It eliminated market. is nuclear now clear the supply that Russia must fuel from be Western
that is we uranium and to And enrichment, natural pressure putting markets. conversion and will flow uranium think on
The U.S.
voluntarily from moving to supply. away regard, continues government options are in Russian evaluate this utilities but most
and and Fuels looking at result, we've Energy uranium contracts of previously support at this said pricing. and reported, supply a additional we're secured has As contracts
uranium in we fed we uranium be inventories, production resume For will have large-scale on working as hiring are early these the minds people investing in to as year. significant contracts, and which next our contracts years. soon the into And
at On the say separation we're the first in think we to that, scale be very rare do I'm we'll scale. light separating if at and the a the White company that front, separation facility Mill, we the way pleased commercial Mesa U.S. installing believe that do earth we we commercially can
have submitted approved. those about Brazilian get of transfers there year. that excited delay to that. project, The expect end next been timeline final just this everything the government, very So early the Bahia the has they is is close or to we to The year at main
sold isotope and you continued vanadium, to progress excellent as are amount margins, of medical pounds make front. a also, of We on we've vanadium at healthy of fair most XXX,XXX the over aware,
So lot an understatement. to is is a on say that going
advance. X are your for and if endeavor be be website in was advance Marketing, and Chief today replays Brock, next Legal weeks for your I'm the being questions. want you device, apologize of There President, today Tom will presentation, from Curtis join or Frydenlund, to starting required. available Vice VP they're I me as the of CFO; slides of also Now tomorrow. noted, At our to this end you our Development controlling I presentation Moore, our administrative answer will open don't, own matters. joined slide and the will tell to everyone, by I David to we'll Executive when on Officer; Corporate for I some And if own our remind to
and I of picture And first So transition. leading absolutely asset bounds let's is the slide America's get really started. becoming which our get just again, flagship White materials and before leaps this of producer showing energy critical Mill, the Mesa started, the for
may Next contained I statements be slide. making as slide. some in is this forward-looking
Next slide.
energy transition. fuels responsibly an Our produce and there critical does for peer do. no exciting we mission needed energy is space, this because really simple, this for is to is materials group And nobody what the
the has or materials. periodic currently either many of the of ability and produce Energy that Today these table, at highlighted slide. Fuels number Next are elements produces looking to the a
great So go. absolutely focused when I focused that we mineral on say we a are strides that as hub, on making becoming we're critical and
slide. Next
covering magnets, will we'll ground power, producing we're that producing, or energy sources, here nuclear with a batteries specialty be it's permanent currently -- we're So for vanadium those of lot or renewable the elements. flow products for whether
slide. Next
carbon emissions our uranium elements isotopes part XX% as medical in a energy high-value earths, cancer product power, zero about zero exciting also now. batteries. for business of an the that baseload required electric emissions. business I lines. XX/X, it, and been of has for in -- the these nuclear therapies. The the emerging critical Rare electrolyte other core thing for of carbon mainly So wind, mean our couple is for grid-scale -- are of but been which Vanadium, critical big has steel, decades a vehicles. for And used magnets, then so recycling,
Next slide.
QX to milestones number So uranium our think be is areas, first-to-market. rare in we And important earths. both of a really that's and
We've more we're said, in regard. XX people one I to of soon or as as So some ready facilities facilities, that readying XXXX. our hired as be commencing about
We to to be able contracts. some have significant already uranium of inventories fill of these
have, and -- we're we or site. other it's the pounds of north XXX,XXX as producing various nearly If to XXX,XXX currently stockpiles sources million this then of have a you total packaging X and We That's we XXX,XXX of uranium the uranium. up pounds of feed pounds. around add all pounds, XXX,XXX around speak
finished uranium So quickly. in finished a be either we into have or amount goods goods quite significant of ability converted to
are additional Brazil. rare slightly we tons we'll On and awaiting hear this later this uranium processing that expecting in of from results run the earths, the I start guidance mentioned or XXXX. year some the Energy. We're of with Bahia our up with for We receiving of alternate monazite Chemours. showing we're now closing have early Department in metric production around the increased latest our still bids of reserve to uranium feeds, XXX
million and X but big metric lot and we details, We -- XX are months, XX is of of is to X,XXX but REO, drill, getting X.X we'll about more X,XXX worth -- vehicles between tons of and to to the XXX believe X,XXX for been in between which electric so tons few produce releases of very to a expect NdPr, last really, of really I ready is the and vehicles, tons metric tons it's this we we're NdPr million our news, is getting upwards months, XXX said, NdPr. significant. electric of ability the and metric to in metric tons X,XXX about have
few X. a larger up call phase the we with crack metric years we both ability the that next and leach and X, recover to get Phase that after -- call is X,XXX to first planning we and this facility also we're and the heavies running. X X,XXX facility, So phase in tons
slide. Next
Our than and of current of marketable and end strong. $XX nearly balance the the $XX remains it's of at or of in $XX $XXX of in $XX Uranium X in about values, quarter, million Energy, When at million around look investments is as $XX greater $XX of cash, million product the order million million you also Consolidated And working million which have debt. million securities, values. sheet capital book we Virginia that. inventory
in earth, growth, land of loss uranium, the increases attributed strong a rare is tilt. very million net getting holding we're permitting, really for flywheel to we So associated other posted costs both in in in a churning this full Preparing $X.X in and significant with That position. at the development, quarter.
working assets, already the take vanadium million. with a and this have $XXX to also around current have, when increase our capital, and I balance uranium Next on our healthy investments a inventories, that our we of north considering as I prices bit said, with, we touched Hidden slide. you inventories, you that sheet very
slide. Next
XXX,XXX as slightly to up we Our guidance said, between our our increased production uranium on guidance we XXX,XXX for pounds. XXXX,
and in the -- inventory we still this as year-end. XXX,XXX later between main pounds monazite REO. Chemours tons We that's we're produced working on to of expect XX reason But and because will behind schedule behind supply of it's is about us monazite, that. still have The We of finished next monazite with inventory XXX,XXX process QX, that about and resolve that. running at goods said, earth is I still smaller with to tons mixed XXX to receive We're they're XXX of to early tons around -- carbonate, year. year on them rare of
possible also earlier. with from have the I DOE, potentially uranium as We revenue upside sales mentioned
notices So be We've sell looking to beginning their uranium to plan able to the -- that in to new separated XXXX. And XXXX. want on NdPr our a they received flex start contract have up from utility in position quantities. be in we sales out, already
slide. Next
very on into forward high-efficiency it really, very, emerging And grid-scale Uranium in we're our about still excited in rare of about And had we the up products fit medical the lost the would the address very comes We're vanadium going so Native -- San on you what We've report Clean clean previously, excited support the very, we're zero progress and focus steel website and Foundation. baseload look and reported carbon otherwise. magnets; also significant it's at ESG initiatives, going practices, be is products earths we treatments and disposal sustainability that's the So story. now batteries, I've that and technologies for perfectly forward. so when in an energy Juan for our lastly, they the ESG for recycling but that. we provided isotopes advisory to hardening, Energy STEM cancer running. when do energy; have very to education American Board for appointed, a and financial making
Next slide.
uranium our business years, uranium. and producer. -- year, uranium So producing a is -- this be core been continue always next I've XX be we'll slide to
portfolio go So doing of the Ranch use and the slide these produce our Texas mine, Pinyon we really time standby said, get have buffer ready White -- produce earths a Mine medical and assets to Mesa are hand, where The bit we it's is our Plain production. hub our this on then but standby. production when in is we Mill on right back on that into uranium on the you But uranium, also we number to at is inventories potentially the as on a go across mine and can look Alta vanadium to as think we at standby, Mesa a the proven rare the of when ISR the isotopes. Nichols ISR assets, And I in meantime. into can work
Next slide.
flexed that back of government. -- or we're a and contracts number starting government a we're on reserve. optimistic said, pounds, delayed may this a our of and contracts. moving. as XXXX, some we're uranium have waiting to for into pounds, million excited that up quantities X receive around two in also times years, mine why, production, get U.S. And and So base are X to we've those as soon excited of be U.S. lets XXXX. over not it They I X.X million touched products we're get have we able We're to but the substantial They exactly the hopefully currently, could still vary, sure period the on us as sell flywheel really to uranium revenue to really the really
Next slide.
it trade producer. uranium a that the point But in a I producer. uranium this as So like but we're still out periodically, the as gets have slide, always pack middle to of again, X updated we We debt.
produced ourselves small quantity we which purchased. recently inventories, we with exception uranium of have We a that
this are earth in there So none But or the are in peer like producers. because fuels that the everybody table to them in to space, -- isotopes Energy of none recycle them them rare uranium ability energy again, are is the vanadium medical the of have space or none Fuels. of no
slide. Next
monazite really, monazite, our company, companies. North We're removing not facility and and in focused slide So is the on rare in advanced producing Karayannopoulos, elements able front products. rare next process link to friend, good uranium in that said earth-bearing perfectly according earth rare these missing the before, and in recovering -- for Mill radioactive these the I've the minerals, most rare the White earth chain. America to is, existing the Mesa mainly growth currently for earths supply only U.S. rare go uranium It this high-value Constantine, -- my Constantine the drivers earth and together
Next slide.
the race commercially future. We've 'XX. and carbonate. the XX%. we're NdPr, And in years to April decades. taking last to Bahia that Brazil, slide there, at we to commercial We XX to mill separation next the this first position it for with a clean months, else XX% And you were separated purity. pilot people good the our for been and the of a that, project in to making over agreements few to years to carbonate to -- a plans XX.X% in the in monazite the to is which then year, scale That of ask mill look add not on energy. in because at progress out So X.X focus following next the facility larger light in signed we've upgrade the new who able year just scale love stage 'XX ago a do and in to could looking the we the facility the provide call world, States age to the NdPr the I the brew. show XX timeline May, the the United separation, XXXX, I but able to and made, make produce would can that of out in commercial lanthanum then
are We speed. moving at rocket
Next slide.
advancements just our again, another showing towards full slide So integration.
You natural as doing have now. we're can more a monazite that see we that securing secure now crack The leach, and doing expand monazite. to that ability and we're that we're and the
separation with the forward and year also and Nanoscale that Moving we're focused we're have next following the alloying. agreement metal And Powders then the on advancing. commercially. year And making we
America. upgrading the are we with down So integration States for of in focus being full marching United the path that the
slide. Next
you've and just think I these pictures seen before. pictures of some So
in because I bulk that to pilot is XX out point And of on have many Estonia have Materials in site. and facility success commercial multiples is of of work On to our secret to ourselves, the of corner, to months. test. ran We're like do Performance doing rapid to -- go do and so those this Mesa lower this success have. also it that the Mill capabilities our White this have somebody for type I don't are Multiples right-hand that our upper cost like Neo others the months. that we for hire in capable low the can And at stages. the internally separations And now in and shipments don't of light advancing because part our we packs. left-hand We corner, the we
Next slide.
because again, most unlock and the have before, can to slide unique So we the radionuclides this you of our monazite handle them. It's monetize value really seen ability advantages. of the
capital capital addition we efficiency, the straightforward, on around value. -- to It's really So the we advantage in and United low including States. think operating handle staggering it's radionuclides. the -- could have Low it have capital It's that, that the you licenses. and efficiency handling cost world, It's we mined if the high radionuclides. that that cost
it's Utah you is and again, record know Solvent we is, what is if that's and facility we're extraction. SX, the located. proud we're heavies. a what we focusing on it's separation and you're to doing, the People Yes, know for track saying, tough." what don't "Oh, but our we're keep doing, with it difficult, And lights the have of proven say where
slide. Next
earth of market So to of again, Chemours' but like have still of come about ton, with substantial I of is rare well position operate wannabes, But as I always opportunities our we pack. when there you the are and there's kind likes producers of And we very, of rare basket think rare look where very or other upgrade high and is earths Lynases the -- a chasing around uranium. the a on talking emphasize we're you're value, our rare bigger earth at down the prices have MPs, values, again, the material side. in Ilukas, the earth and the bit, the to the the shareholders to is the $XX,XXX in equivalent I opportunity that think middle value to a some as
Next slide.
So and at growth -- medical next looking slide. long-term vanadium isotopes in
conventional commercial isotopes, United the So none And look have. things at and that States. these vanadium of only peers our we the in medical have are vanadium plant
and vanadium going of next want be really depending regard about have those any about are White I the much in that. prices that higher that go it's that can pounds -- cancer isotopes. for we've talked -- sell this current the production for always in back we mentioned, Medical into months market warrants vanadium time in on source we few positioning condition to vanadium when the we months the or years, to And we ability still market pretty that this exciting. on number therapy, some for of last pricing. Mesa the And We're than we've emerging very a to As million of over isotopes, X with sold the have we depends inventory year. at
And so on course. news we space, exciting it's due have hope to an that in flow and more
slide. Next
at ability as currently really, Thank you. to a with recover. It we here multiple Mesa we or is we elements where an back we And that's the have anyone are are -- So now said, Mill the and for can the exciting recovering these as I presentation, up I'd that it new any open with White story. to questions like have to regard company. might are