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Energy Fuels ASM Deal Deepens Rare Earths Exposure And Execution Focus

ByYahoo Finance
2/4/2026
Source:Yahoo Finance
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Energy Fuels (TSX:EFR) has agreed to acquire Australian Strategic Materials to expand its rare earths footprint. The deal is aimed at building a non Chinese supply chain for key critical minerals. The transaction is designed to add upstream assets that can complement Energy Fuels' existing processing capabilities. Energy Fuels, trading at around CA$33.41, comes into this deal after a period of strong share price performance, including a 45.6% return over the past month and 334.5% over the...

Energy Fuels (TSX:EFR) has agreed to acquire Australian Strategic Materials to expand its rare earths footprint. The deal is aimed at building a non Chinese supply chain for key critical minerals. The transaction is designed to add upstream assets that can complement Energy Fuels' existing processing capabilities. Energy Fuels, trading at around CA$33.41, comes into this deal after a period of strong share price performance, including a 45.6% return over the past month and 334.5% over the...

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