---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-003782"
form_type: "8-K"
ticker: "UUUU"
cik: "0001385849"
company_name: "ENERGY FUELS INC"
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:04:07.505472+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Energy Fuels completes acquisition of Bahia Project in Brazil for $21.9M cash

## Summary
- Completed acquisition of 17 mineral concessions in Bahia, Brazil totaling ~15,090 hectares for $21.9M cash.
- Commenced sonic drilling program; Phase 1 expected to finish this month totaling 2,250 meters.
- Previous 3,300 auger holes indicated significant Ti, Zr, REE near surface; sonic drilling to test deeper.
- Plans to calculate initial mineral resource estimate under S-K 1300 and NI 43-101 after Phase 2 drilling.
- Acquired to build monazite supply for REE processing; White Mesa Mill modifications to produce separated REE oxides.

## SEC filing metadata
- accession: 0001062993-23-003782
- form_type: 8-K
- ticker: UUUU
- cik: 0001385849
- company_name: ENERGY FUELS INC
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385849/000106299323003782/0001062993-23-003782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385849/000106299323003782/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-003782
- JSON: https://secwatch.observer/filing/0001062993-23-003782.json
- Plain text: https://secwatch.observer/filing/0001062993-23-003782.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.