{"id":645547,"date":"2026-06-23T07:16:55","date_gmt":"2026-06-23T14:16:55","guid":{"rendered":"https:\/\/nai500.com\/?p=645547"},"modified":"2026-06-23T07:16:55","modified_gmt":"2026-06-23T14:16:55","slug":"energy-fuels-%e6%94%b6%e8%b3%bc-vac%ef%bc%8c%e8%a5%bf%e6%96%b9%e6%9c%80%e5%a4%a7%e7%a8%80%e5%9c%9f%e7%a3%81%e9%90%b5%e7%94%9f%e7%94%a2%e5%95%86%e8%a6%81%e8%aa%95%e7%94%9f%e4%ba%86%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/06\/energy-fuels-%e6%94%b6%e8%b3%bc-vac%ef%bc%8c%e8%a5%bf%e6%96%b9%e6%9c%80%e5%a4%a7%e7%a8%80%e5%9c%9f%e7%a3%81%e9%90%b5%e7%94%9f%e7%94%a2%e5%95%86%e8%a6%81%e8%aa%95%e7%94%9f%e4%ba%86%ef%bc%9f\/","title":{"rendered":"Energy Fuels \u6536\u8cfc VAC\uff0c\u897f\u65b9\u6700\u5927\u7a00\u571f\u78c1\u9435\u751f\u7522\u5546\u8981\u8a95\u751f\u4e86\uff1f"},"content":{"rendered":"<p>\u897f\u65b9\u7a00\u571f\u4f9b\u61c9\u93c8\u6b63\u5728\u8fce\u4f86\u4e00\u6b21\u91cd\u91cf\u7d1a\u6574\u5408\u3002<\/p>\n<p>\u7f8e\u570b\u7a00\u571f\u8207\u923e\u7926\u751f\u7522\u5546 Energy Fuels\uff08<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=UUUU\">NYSE American: UUUU<\/a> \/ <a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=EFR%3ACA\">TSX: EFR<\/a>\uff09\u5ba3\u4f48\uff0c\u5c07\u4ee5 19 \u5104\u7f8e\u5143\u73fe\u91d1\u52a0\u80a1\u7968\u7684\u50f9\u683c\u6536\u8cfc\u5fb7\u570b\u767e\u5e74\u78c1\u4f01 Vacuumschmelze\uff08\u7c21\u7a31 VAC\uff09\u3002\u4ea4\u6613\u5b8c\u6210\u5f8c\uff0c\u4e00\u5bb6\u8986\u84cb\u5f9e\u7926\u5c71\u5230\u78c1\u9435\u5168\u93c8\u689d\u7684\u897f\u65b9\u7a00\u571f\u5de8\u982d\u5c07\u6b63\u5f0f\u8a95\u751f\u3002<\/p>\n<p>\u6d88\u606f\u516c\u4f48\u5f8c\uff0cEnergy Fuels \u80a1\u50f9\u76e4\u524d\u6700\u591a\u4e0b\u8dcc 6.2%\uff0c\u6700\u65b0\u8dcc 2.3%\u3002\u5e02\u5834\u7684\u64d4\u6182\u4e0d\u96e3\u7406\u89e3\uff1a19 \u5104\u7f8e\u5143\u7684\u5c0d\u50f9\u4e0d\u7b97\u4fbf\u5b9c\uff0c\u6574\u5408\u98a8\u96aa\u771f\u5be6\u5b58\u5728\u3002<\/p>\n<h2>19 \u5104\u7f8e\u5143\u8cb7\u4e0b\u767e\u5e74\u78c1\u4f01<\/h2>\n<p>\u6839\u64da\u4ea4\u6613\u689d\u6b3e\uff0cEnergy Fuels \u5c07\u5411\u79c1\u52df\u80a1\u6b0a\u516c\u53f8 Ara Partners \u652f\u4ed8 7.18 \u5104\u7f8e\u5143\u73fe\u91d1\uff0c\u5916\u52a0 6585.3 \u842c\u80a1\u65b0\u767c\u884c\u7684\u666e\u901a\u80a1\u3002\u4ee5 6 \u6708 22 \u65e5 16.12 \u7f8e\u5143\u7684\u6536\u76e4\u50f9\u8a08\u7b97\uff0c\u5c0d VAC \u7684\u80a1\u6b0a\u4f30\u503c\u7d04\u70ba 19 \u5104\u7f8e\u5143\u3002\u4ea4\u6613\u9810\u8a08 2027 \u5e74\u521d\u5b8c\u6210\uff0c\u5c46\u6642 Ara Partners \u5c07\u6210\u70ba Energy Fuels \u6700\u5927\u80a1\u6771\u4e4b\u4e00\uff0c\u6301\u80a1\u7d04 20%\uff0c\u4e26\u7372\u5f97\u4e00\u500b\u8463\u4e8b\u6703\u5e2d\u4f4d\u3002<\/p>\n<p>\u9019\u7b46\u9322\u8cb7\u7684\u4e0d\u53ea\u662f\u5de5\u5ee0\uff0c\u66f4\u662f\u897f\u65b9\u7a00\u7f3a\u7684\u78c1\u9435\u88fd\u9020\u80fd\u529b\u3002<\/p>\n<p>VAC \u6709\u8d85\u904e 100 \u5e74\u6b77\u53f2\uff0c\u64c1\u6709 400 \u591a\u9805\u5c08\u5229\uff0c\u5ba2\u6236\u8d85\u904e 1000 \u5bb6\uff0c\u5305\u62ec\u901a\u7528\u6c7d\u8eca\u7b49\u5de8\u982d\u3002\u5b83\u662f\u6b50\u6d32\u548c\u7f8e\u570b\u552f\u4e00\u4e00\u5bb6\u64c1\u6709\u5168\u7cfb\u5217\u5ba2\u6236\u8a8d\u8b49 NdFeB\uff08\u91f9\u9435\u787c\uff09\u548c SmCo\uff08\u91e4\u9237\uff09\u78c1\u9ad4\u7684\u5546\u696d\u751f\u7522\u5546\uff0c\u7522\u54c1\u8986\u84cb\u570b\u9632\u3001\u822a\u7a7a\u822a\u5929\u7b49\u9ad8\u8981\u6c42\u5834\u666f\u3002<\/p>\n<p>\u76ee\u524d VAC \u5728\u5fb7\u570b\u3001\u7f8e\u570b\u3001\u99ac\u4f86\u897f\u4e9e\u7b49\u5730\u8a2d\u6709\u5de5\u5ee0\u3002\u5176\u4e2d\u7f8e\u570b\u5357\u5361\u7f85\u4f86\u7d0d\u5dde\u85a9\u59c6\u7279\u5de5\u5ee0\u662f\u7f8e\u570b\u6700\u5927\u7684\u898f\u6a21\u5316\u6c38\u78c1\u9ad4\u5de5\u5ee0\uff0c\u73fe\u6709\u7522\u80fd 2000 \u5678 \/ \u5e74\uff0c\u53ef\u64f4\u7522\u81f3 12000 \u5678 \/ \u5e74\u3002\u904e\u53bb\u5341\u5e74\uff0cVAC \u7d2f\u8a08\u4ea4\u4ed8\u4e86\u8d85\u904e 10 \u5104\u584a\u7a00\u571f\u6c38\u78c1\u9ad4\u3002\u7d04 85% \u7684\u7522\u54c1\u6309\u5ba2\u6236\u898f\u683c\u5b9a\u5236\uff0c\u8207\u6700\u5927\u5ba2\u6236\u7684\u5408\u4f5c\u95dc\u4fc2\u5e73\u5747\u8d85\u904e 30 \u5e74\u3002<\/p>\n<p>VAC 2025 \u5e74\u8abf\u6574\u5f8c EBITDA \u70ba 2900 \u842c\u7f8e\u5143\uff0c2026 \u5e74\u8a02\u55ae\u540c\u6bd4\u589e\u9577\u8d85 20%\u3002\u85a9\u59c6\u7279\u5de5\u5ee0\u6eff\u7522\u5f8c\u9810\u8a08\u5e74 EBITDA \u53ef\u9054 6500 \u842c\u81f3 7500 \u842c\u7f8e\u5143\uff1b\u5982\u679c\u64f4\u5230 4000 \u5678\uff0c\u6709\u671b\u589e\u81f3 1.3 \u5104\u81f3 1.4 \u5104\u7f8e\u5143\u3002\u4f46\u9019\u4e9b\u90fd\u662f\u9810\u671f\uff0c\u4e0d\u662f\u73fe\u5be6\u3002<\/p>\n<h2>\u5168\u93c8\u689d\u6574\u5408\uff0c\u8e29\u4e2d G7 \u98a8\u53e3<\/h2>\n<p>\u9019\u7b46\u4ea4\u6613\u7684\u771f\u6b63\u50f9\u503c\u5728\u65bc\u6253\u901a\u4e86\u7a00\u571f\u5168\u7522\u696d\u93c8\u3002<\/p>\n<p>Energy Fuels \u672c\u8eab\u64c1\u6709\u4e0a\u6e38\u7a00\u571f\u7926\u8cc7\u7522\u548c\u5206\u96e2\u7522\u80fd\uff0c\u52a0\u4e0a\u6b63\u5728\u63a8\u9032\u6536\u8cfc\u7684\u6fb3\u5927\u5229\u4e9e\u6230\u7565\u6750\u6599\u516c\u53f8\uff08ASM\uff09\u2014\u2014 \u5f8c\u8005\u5728\u97d3\u570b\u6709\u73fe\u6210\u7684\u5546\u696d\u5316\u7a00\u571f\u91d1\u5c6c\u548c\u5408\u91d1\u7522\u80fd\uff0c\u4e26\u8a08\u5283\u5728\u7f8e\u570b\u65b0\u5efa\u91d1\u5c6c\u5de5\u5ee0 \u2014\u2014 \u518d\u52a0\u4e0a VAC \u7684\u4e0b\u6e38\u78c1\u9435\u88fd\u9020\u80fd\u529b\uff0c\u4e09\u8005\u7d50\u5408\u5f8c\uff0cEnergy Fuels \u5c07\u6210\u70ba\u897f\u65b9\u7b2c\u4e00\u5bb6\u5728\u7a00\u571f\u50f9\u503c\u93c8\u6bcf\u4e00\u500b\u95dc\u9375\u74b0\u7bc0\u90fd\u5177\u5099\u5546\u696d\u5316\u80fd\u529b\u7684\u516c\u53f8\u3002<\/p>\n<p>\u5f9e\u6fb3\u5927\u5229\u4e9e Donald \u9805\u76ee\u7684\u7368\u5c45\u77f3\u539f\u6599\uff0c\u5230\u7336\u4ed6\u5dde White Mesa \u5de5\u5ee0\u7684\u5206\u96e2\u52a0\u5de5\uff0c\u518d\u5230\u97d3\u570b\u548c\u7f8e\u570b\u7684\u91d1\u5c6c\u5408\u91d1\u751f\u7522\uff0c\u6700\u5f8c\u5230 VAC \u7684\u9ad8\u6027\u80fd\u78c1\u9435\u88fd\u9020 \u2014\u2014 \u4e00\u689d\u5b8c\u6574\u7684\u897f\u65b9\u7a00\u571f\u4f9b\u61c9\u93c8\u6b63\u5728\u6210\u578b\u3002<\/p>\n<p>\u9019\u6070\u597d\u8e29\u4e2d\u4e86 G7 \u7684\u653f\u7b56\u98a8\u53e3\u3002\u4e0a\u5468 G7 \u9818\u5c0e\u4eba\u660e\u78ba\u8868\u793a\uff0c\u76ee\u6a19\u662f\u5230 2030 \u5e74\u5c07\u5c0d\u55ae\u4e00\u4f9b\u61c9\u5546\u7684\u7a00\u571f\u548c\u6c38\u78c1\u9ad4\u4f9d\u8cf4\u964d\u81f3 60% \u4ee5\u4e0b\uff0c\u6700\u7d42\u76ee\u6a19 50%\u3002\u7f8e\u570b\u653f\u5e9c\u4e5f\u5728\u771f\u91d1\u767d\u9280\u652f\u6301\u3002Energy Fuels \u5df2\u7372\u5f97\u7f8e\u570b\u6230\u7565\u8cc7\u672c\u8fa6\u516c\u5ba4\u6700\u9ad8 7.25 \u5104\u7f8e\u5143\u7684\u6709\u689d\u4ef6\u8cb8\u6b3e\u627f\u8afe\uff0cVAC \u9084\u6301\u6709\u7f8e\u570b\u570b\u9632\u90e8 4100 \u842c\u7f8e\u5143\u8d08\u6b3e\u3002<\/p>\n<p>\u570b\u969b\u80fd\u6e90\u7f72\u9810\u8a08\uff0c\u672a\u4f86\u5341\u5e74\u5317\u7f8e\u548c\u6b50\u6d32\u7684 NdFeB \u78c1\u9435\u9700\u6c42\u5c07\u589e\u9577 50% \u4ee5\u4e0a\u3002\u5728\u897f\u65b9\u53bb\u4e2d\u570b\u5316\u548c\u4f9b\u61c9\u93c8\u5b89\u5168\u7684\u5927\u80cc\u666f\u4e0b\uff0c\u9019\u7b46\u4ea4\u6613\u7684\u6230\u7565\u50f9\u503c\u6bcb\u5eb8\u7f6e\u7591\u3002\u4f46\u6230\u7565\u50f9\u503c\u80fd\u4e0d\u80fd\u6700\u7d42\u8f49\u5316\u70ba\u80a1\u6771\u50f9\u503c\uff0c\u9084\u8981\u770b\u5f8c\u7e8c\u7684\u57f7\u884c\u548c\u6574\u5408\u3002\u897f\u65b9\u6700\u5927\u7a00\u571f\u78c1\u9435\u751f\u7522\u5546\u7684\u982d\u929c\uff0c\u5df2\u7d93\u5728\u8def\u4e0a\u4e86\u3002\u4f46\u80fd\u4e0d\u80fd\u6234\u7a69\uff0c\u9084\u5f97\u8d70\u8457\u77a7\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u897f\u65b9\u7a00\u571f\u4f9b\u61c9\u93c8\u6b63\u5728\u8fce\u4f86\u4e00\u6b21\u91cd\u91cf\u7d1a\u6574\u5408\u3002 \u7f8e\u570b\u7a00\u571f\u8207\u923e\u7926\u751f\u7522\u5546 Energy Fuels\uff08NYSE Americ [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":553626,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431,2197],"tags":[793,895,928,810],"class_list":["post-645547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","category-2197","tag-793","tag-895","tag--zh-hant","tag-810","sectors-mining-zh-hant","locations-canada-zh-hant","locations-europe-zh-hant","locations-us-zh-hant","exchange-nyse-zh-hant","exchange-tsx-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/645547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=645547"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/645547\/revisions"}],"predecessor-version":[{"id":645550,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/645547\/revisions\/645550"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/553626"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=645547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=645547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=645547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}