July 17 (Reuters) - Energy Fuels Inc UUUU.A :
* ENERGY FUELS STRENGTHENS BALANCE SHEET BY ELIMINATING DEBT AND GROWING URANIUM INVENTORIES
* EXPECTS TO HAVE ABOUT 640,000 TO 690,000 POUNDS OF URANIUM IN INVENTORY AT END OF 2020
* AT TODAY'S SPOT PRICE FOR URANIUM, ENERGY FUELS EXPECTS TO HOLD UP TO US$23,000,000 OF URANIUM INVENTORY VALUE
* EXPECT TO BE DEBT-FREE BY END OF 2020