Ross R. Bhappu. Image: Energy Fuels
Energy Fuels has announced that Ross R. Bhappu has been appointed the company's Chief Executive Officer, effective April 15.
Bhappu has served as President of Energy Fuels since August 2025 and brings more than three decades of leadership across mining, critical minerals, finance, and international resource development.
He has held senior executive and board roles in the global mining sector, with extensive experience in project development, operations, government engagement, and capital markets. As President, Bhappu has been closely involved in advancing Energy Fuels' strategic priorities and supporting the execution of the Company's long-term growth strategy.
Bhappu succeeds Mark S. Chalmers, who is retiring after more than eight years as CEO and a distinguished career spanning five decades in the uranium and critical materials industry.
Both Bhappu and Chalmers have been working closely for the past several months in anticipation of the transition. Following his retirement, Chalmers has agreed to serve as an exclusive uranium and rare earth consultant to the Company for a two-year period, providing continuity and strategic support as Energy Fuels advances its growth initiatives.
As CEO, Chalmers led the transformation of Energy Fuels from a small U.S. uranium producer into a diversified critical materials company with global reach. Today, Energy Fuels is the largest US producer of uranium, a leading producer of rare earth elements and vanadium, and is an emerging global leader in the production of titanium and zircon minerals, which together are essential to clean-energy technologies, advanced manufacturing, and U.S. national security.
"Ross is a proven leader with deep industry experience and a strong understanding of Energy Fuels' operations and strategic direction," Chair of the Board of Directors Bruce D. Hansen said in a news release.
"At the same time, the Board extends its sincere gratitude to Mark for his extraordinary leadership, vision, and decades of service. Mark was instrumental in positioning Energy Fuels as the leading U.S. uranium producer and in guiding the Company's disciplined expansion into both upstream and downstream rare earth production. The Board is confident that Ross will build on this strong foundation as Energy Fuels continues to execute its long-term strategy."