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Energy Fuels keeps VAC deal alive despite Sumter contract dispute
10:17am on Wednesday 14th of October, 2026 AEDT
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Critical minerals and advanced materials
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Energy Fuels keeps VAC deal alive despite Sumter contract dispute
10:17am on Wednesday 14th of October, 2026 AEDT
Key Points
VAC customer dispute and arbitration linked to Sumter magnet facility
Lenders agreed to forbear from remedies during a defined period
VAC reported €211.5 million revenue and €57.4 million net loss for six months
Proposed deal includes $718 million cash, 65.853 million Energy Fuels shares and possible preferred shares
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