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Energy Fuels Completes ASM Acquisition, Expands Rare Earth Alloy Capacity

8:01am on Monday 31st of August, 2026 AEST Materials
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Energy Fuels Completes ASM Acquisition, Expands Rare Earth Alloy Capacity

8:01am on Monday 31st of August, 2026 AEST
Key Points
  • Acquisition adds Korean Metals Plant with 1,300t NdFeB alloy capacity
  • Plant expansion to 3,600t capacity expected by end of 2026
  • ASM’s Dubbo rare earths project integrated into portfolio
  • Deal valued at approximately US$243 million including cash and shares
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