Energy Fuels Inc. announced on November 4, 2026, the appointment of Jeffrey Olsen to its Board of Directors, where he will also serve on the Audit Committee as a Financial Expert.

Key Highlights

  • New director: Jeffrey Olsen has been appointed to the Energy Fuels Board of Directors.
  • Audit Committee role: Olsen will serve on the Audit Committee as a Financial Expert, according to the announcement.
  • Boart Longyear tenure: Olsen served as President and Chief Executive Officer of Boart Longyear from 2016 to 2024, and as its Chief Financial Officer from 2014 to 2016.
  • Rio Tinto background: He spent 18 years with Rio Tinto in senior financial and commercial roles, including Chief Commercial Officer of Rio Tinto Iron and Titanium.
  • Current board roles: Olsen currently serves as a non-executive director of Dyno Nobel Ltd. and of Savage Companies, where he also chairs the Audit Committee.
  • Education: He holds an MBA from the University of Rochester and a Bachelor of Arts degree from the University of Utah.

Jeffrey Olsen Joins Energy Fuels Board, Bringing Mining and Financial Leadership

Energy Fuels Inc. (NYSE American:UUUU) (TSX: EFR) (ASX: EF2) disclosed the appointment of Jeffrey Olsen to its Board of Directors, effective November 4, 2026. According to the filing, Olsen will additionally serve on the Audit Committee in the capacity of Financial Expert. The company described him as "an accomplished mining industry executive with extensive financial, commercial and operational leadership experience."

The filing details that Olsen's most recent executive role was President and Chief Executive Officer of Boart Longyear Group, a position he held from 2016 to 2024. He had previously served as that company's Chief Financial Officer from 2014 to 2016. The disclosure states that during his tenure he "led the restructuring and strategic repositioning of the global mining services and equipment company, including initiatives to strengthen its capital structure and advance its technology-enabled drilling and orebody intelligence capabilities." Before joining Boart Longyear, he spent 18 years at Rio Tinto in roles that included Chief Commercial Officer of Rio Tinto Iron and Titanium, Chief Financial Officer of Rio Tinto Minerals, and Chief Financial Officer of Rio Tinto Borax. Earlier career positions noted in the filing include roles at Kennecott Utah Copper, General Chemical Corporation, and Xerox Corporation.

Ross Bhappu, President and Chief Executive Officer of Energy Fuels, was quoted in the filing as saying: "His experience leading a global mining services business, managing complex capital structures and working across global commodity markets will be highly relevant as Energy Fuels continues to execute its strategy and grow its critical materials businesses." The filing also notes that Olsen currently serves as a non-executive director of Dyno Nobel Ltd. and of Savage Companies, a Utah-based logistics and industrial services company, where he chairs the Audit Committee.

What Was Disclosed

Energy Fuels disclosed the appointment of Jeffrey Olsen to its Board of Directors and to the Audit Committee as Financial Expert, effective November 4, 2026, citing his leadership background in global mining, financial management, and commercial operations.