Critical Minerals Factbook
Federal instrument · Loan

Office of Strategic Capital $725 million conditional loan commitment with Energy Fuels

A $725 million conditional loan commitment signed by the Department of War's Office of Strategic Capital with Energy Fuels, announced June 18, 2026, contemplating a 20-year loan to support the planned expansion of critical minerals processing at the White Mesa Mill in Blanding, Utah and construction of a planned U.S. rare earth metals and alloy facility. Both the Department of War and Energy Fuels state the commitment remains subject to further due diligence, finalization of agreements, and customary closing conditions, and is not closed financing; final terms and timing are to follow definitive documentation, so tenor is not recorded in terms.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Conditional commitment

Program: Office of Strategic Capital · U.S. Department of Defense / Department of War

Terms

Principal$725M (conditional loan commitment announced June 18, 2026, subject to due diligence, finalization of agreements, and customary closing conditions)

Immutable financial events

  1. Jun 18, 2026 · Conditional commitment

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources