Van Eck reports 12.25M Energy Fuels (UUUU) shares owned

Rhea-AI Filing Summary

Van Eck Associates Corporation, a Delaware-based investment manager, reported a passive ownership stake in Energy Fuels Inc. common shares as of 12/31/2025. Van Eck beneficially owns 12,251,167 common shares, representing 5.17% of the class, with sole voting and sole dispositive power over all of these shares.

The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Energy Fuels. This Schedule 13G positions Van Eck as a significant, but passive, institutional shareholder in the company.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ENERGY FUELS INC

(Name of Issuer)

Common Shares

(Title of Class of Securities)

292671708

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 292671708

1

Names of Reporting Persons

VAN ECK ASSOCIATES CORP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 12,251,167.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 12,251,167.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,251,167.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.17 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ENERGY FUELS INC
(b)	Address of issuer's principal executive offices: 225 UNION BLVD., SUITE 600, LAKEWOOD, Colorado, 80228
Item 2.
(a)	Name of person filing: Van Eck Associates Corporation
(b)	Address or principal business office or, if none, residence: 666 Third Ave, 9th Floor, New York NY 10017
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 292671708
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 12251167
(b)	Percent of class: 5.17 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 12251167
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 12251167
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

VAN ECK ASSOCIATES CORP

Signature:	Ashley Sousa
Name/Title:	Assistant Vice President, Van Eck Associates Corporation
Date:	02/13/2026

FAQ

What ownership stake does Van Eck report in Energy Fuels (UUUU)?

Van Eck Associates Corporation reports beneficial ownership of 12,251,167 Energy Fuels common shares, representing 5.17% of the class. This makes Van Eck a significant institutional shareholder with a notable position in the company’s equity.

Is Van Eck’s stake in Energy Fuels (UUUU) considered passive or active?

The stake is described as passive. Van Eck certifies the shares were acquired and are held in the ordinary course of business and not to change or influence control of Energy Fuels, consistent with a Schedule 13G filing.

How much voting power does Van Eck have over Energy Fuels (UUUU) shares?

Van Eck reports sole voting power over 12,251,167 Energy Fuels common shares and no shared voting power. It also has sole dispositive power over the same number of shares, indicating full decision authority on voting and disposition.

When was Van Eck’s Energy Fuels (UUUU) ownership measured for this filing?

The ownership information is stated as of an event date of 12/31/2025. As of that date, Van Eck beneficially owned 12,251,167 Energy Fuels common shares, representing 5.17% of the outstanding class according to the Schedule 13G.

Who signed the Schedule 13G reporting Van Eck’s stake in Energy Fuels (UUUU)?

The Schedule 13G was signed by Ashley Sousa, Assistant Vice President at Van Eck Associates Corporation, on 02/13/2026, certifying that the information provided about the Energy Fuels share ownership is true, complete, and correct.

What type of securities does Van Eck hold in Energy Fuels (UUUU)?

Van Eck’s reported position consists of Common Shares of Energy Fuels Inc. The Schedule 13G identifies the security as common shares with CUSIP 292671708, and the entire 5.17% beneficial stake relates to this class.