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Stock impact report

Energy Fuels Moves to Buy ASM in $299 Million Rare Earths Deal [Yahoo! Finance]

Energy Fuels Inc Ordinary Shares (Canada) (UUUU) 
NASDAQ:AMEX Investor Relations: energyfuels.com/investors
Company Research Source: Yahoo! Finance
valuing the Australian rare earths company at approximately US$299 million. The deal will be executed via a court-approved scheme of arrangement under Australian law and is expected to close in late June 2026, subject to shareholder, court, and regulatory approvals. Under the terms, ASM shareholders will receive 0.053 Energy Fuels shares or CHESS Depository Interests per ASM share, plus a special dividend of up to A$0.13, for a total implied value of A$1.60 per share. Post-transaction, ASM shareholders are expected to own roughly 5.8% of Energy Fuels. The acquisition significantly deepens Energy Fuels' rare earth integration strategy by combining upstream oxide production in the United States with downstream metals and alloy manufacturing capacity in Asia and, potentially, North America. Energy Fuels' White Mesa Mill in Utah is currently the only U.S. facility licensed to process monazite into both light and heavy rare earth oxides, including neodymium-praseodymium (NdPr), dyspros Show less Read more
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