Energy Fuels buys ASM in $300M rare earths deal
Energy Fuels (NYSE: UUUU; TSX: EFR) is to acquire rare earth metals producer Australian Strategic Materials (ASX: ASM) in a share deal valued at US$299 million. Energy Fuels shares rose. …
Australian Strategic Materials
Aus stockpile to tackle ‘distorted’ rare earths market
Rare earth and lithium producers are cautiously backing the Australian government’s proposed critical minerals strategic reserve, amid fresh details and ongoing concerns over its design. The federal Labor government, re-elected…
ASM inks deal to sell rare earths to US magnet maker
Australian Strategic Materials (ASX: ASM) has inked a five-year agreement to supply neodymium iron boron (NdFeB) alloy from its Korean Metals Plant (KMP) to magnet maker USA Rare Earth LLC….