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Energy Fuels to acquire Australian Strategic Materials for $299M · Endata

◂ Announcements

Jan 20, 2026ACQUISITIONAustralia

Energy Fuels to acquire Australian Strategic Materials for $299M

Energy Fuels has agreed to acquire Australian Strategic Materials for US$299 million, creating an integrated rare-earth producer from mining to metal and alloy production.

Value

$299.0M

Status

Announced

Productsrare earth metals and alloysneodymium-praseodymiumdysprosiumterbium

CompaniesEnergy Fuels Inc acquirer Australian Strategic Materials target

Sectors#Steel and Metal Products

“Energy Fuels Inc. today announced it has entered into a Scheme Implementation Deed to acquire 100% of the issued share capital of Australian Strategic Materials Limited.”prnewswire.com

1 source
prnewswire.comEnergy Fuels to acquire Australian Strategic Materials ...Energy Fuels Inc.Jan 20, 2026

Summarized from public sources; check the original articles before acting on it.

More from Energy Fuels Inc

Oct 29, 2026INVESTMENTAustralia$126.5M
Energy Fuels receives $126.5M conditional approval for Donald rare earth project, Australia
Energy Fuels Inc miningconnection.com
Oct 28, 2026INVESTMENTMinyip, Victoria, Australia$117.0M200 jobs
Australian government approves $180 million loan for Donald Mineral Sands rare earths mine
Donald Mineral Sands Astron Limited partner theweeklyadvertiser.com.au
Jun 3, 2024PARTNERSHIPDonald, Victoria, Australia$122.0M
Energy Fuels and Astron execute definitive agreements for Donald Rare Earth Project JV
Astron Limited partner Energy Fuels Inc investor investors.energyfuels.com
Dec 14, 2022ACQUISITIONTexas, United States$120.0M
enCore Energy to acquire Alta Mesa ISR project from Energy Fuels for $120M
Energy Fuels Inc target enCore Energy acquirer miningconnection.com

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