Latest Energy Fuels News

Energy Fuels has secured Foreign Investment Review Board approval to acquire Australian Strategic Materials, clearing a major regulatory hurdle. The deal now awaits shareholder and court approvals, with implementation targeted for early July.

Sovereign Metals has delivered a definitive feasibility study (DFS) for its Kasiya Rutile-Graphite Project in Malawi, revealing robust economics, a 25-year mine life, and the potential to become the world’s largest producer of natural rutile and flake graphite, both critical minerals for Western supply chains.

American Uranium Ltd has increased its Lo Herma uranium resource to 9.45 million pounds with 43% now Indicated, marking a 10% growth and advancing the project toward a pivotal Scoping Study in Q3 2026.

Astron Limited has completed a Bankable Feasibility Study for Phase 1 of its Donald Rare Earth and Mineral Sands Project, confirming robust economics and advanced financing talks ahead of a targeted Q2 2026 Final Investment Decision.

BPH Global is expanding its seaweed biomass research to develop renewable biofuels like biohydrogen and biocrude, aiming to carve out a sustainable alternative to fossil fuels in energy and transport sectors.

Australian Strategic Materials and Energy Fuels have amended their acquisition deal, replacing a special dividend with a direct cash payment to ASM shareholders, while maintaining the original share swap terms.

Astron Limited has released updated Mineral Resource and Ore Reserve estimates for its Donald Project, highlighting increased production forecasts for critical heavy rare earth elements. The project remains shovel ready, backed by comprehensive feasibility studies and regulatory approvals.

Toro Energy shareholders are set to gain exposure to a diversified uranium portfolio through IsoEnergy’s acquisition offer at a near 80% premium, while Toro advances its Wiluna Uranium Project amid strong market tailwinds.

Astron Limited has advanced its Donald Rare Earth and Mineral Sands Project with conditional senior debt support and ongoing financing discussions, targeting a final investment decision by the end of March 2026.

Australian Strategic Materials reports a significant 75% jump in NdFeB alloy deliveries at its Korean Metals Plant and advances heavy rare earth production, while announcing a transformative acquisition offer from Energy Fuels Inc.

Liberty Metals has completed the acquisition of a 100% interest in a suite of Brazilian critical minerals projects, marking a significant strategic expansion into titanium and rare earth elements. The company also rebranded and initiated exploration programs to unlock value in these high-potential assets.

Trek Metals has announced a breakthrough high-grade manganese discovery at its Christmas Creek Project in Western Australia, with rock chip assays reaching up to 60.1% manganese. A major drilling campaign is planned for early 2026 to explore the full potential of this promising find.