Akin Advises Energy Fuels in $725 Million Conditional Government Financing Commitment to Accelerate Growth in Critical Minerals

(New York) – Akin advised Energy Fuels Inc. (Energy Fuels), a leading U.S.-based critical materials company focused on uranium, rare earth elements, heavy mineral sands, vanadium and other strategic materials, in connection with its receipt of a conditional $725 million financing commitment from the Department of War, U.S. Office of Strategic Capital. The financing will support the planned expansion of Energy Fuel’s critical minerals processing capabilities at its White Mesa Mill in Utah and a planned rare earth metals and alloy facility in the United States. 

The Akin team was led by co-head of the firm’s projects & energy transition practice Ike Emehelu and senior counsel Laura Konkel and included government contracts partner Susan Lent and senior counsel Kerry Hotopp; capital markets partners Shar Ahmed and Kerry Berchem; lobbying & public policy senior advisor Ryan Thompson; projects & energy transition counsel Mariah Figlietti; environment & natural resources counsel Jessica Maloney; and corporate associates Wanyi Zhang and Emma Zazueta Lachenaud. 

For additional details on the transaction, please click here. 

Akin is a leading international law firm with more than 1,000 lawyers in offices throughout the United States, Europe, Asia and the Middle East. 

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