Energy Fuels Appoints Ross Bhappu as New CEO Effective April 2026

Key Facts

1Energy Fuels Inc. appointed Ross R. Bhappu as its new Chief Executive Officer, effective April 15, 2026.

2Bhappu, who has served as President since August 2025, succeeds Mark S. Chalmers, who is retiring after over eight years as CEO.

3The transition marks a new growth phase for the company, including initiatives like mine permitting, expansion of the White Mesa Mill, and an acquisition to expand into rare earth element (REE) metal and alloy making.

Energy Fuels Inc. (UUUU) announced the appointment of Ross R. Bhappu as its new Chief Executive Officer, effective April 15, 2026. Bhappu, who has served as President since August 2025, succeeds outgoing CEO Mark S. Chalmers, who is retiring after over eight years at the helm. This transition represents a planned leadership change as the company enters a new strategic growth phase. Key initiatives in this phase include mine permitting, expanding the capacity of the White Mesa Mill, and an acquisition to enter the rare earth element (REE) metal and alloy manufacturing sector. The internal appointment is seen as a signal of strategic continuity, with a focus on executing the company's expansion plans. The leadership change comes as the company aims to strengthen its position in both the uranium and rare earths markets.