Latest Strategic Materials News

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

A takeover offer lit up small caps, while one high-growth software name slid hard despite strong sector news. Resources dominated the winners list, but investors still punished dilution and discounted fundraisings.

Australian Strategic Materials and Energy Fuels are set to discuss their proposed acquisition in a joint webcast, offering investors a closer look at this strategic move.

Energy Fuels Inc. has announced a proposed acquisition of Australian Strategic Materials (ASM) valued at approximately A$447 million, aiming to establish a leading Western rare earths and critical minerals producer with a fully integrated supply chain.

Energy Fuels Inc. has announced a binding agreement to acquire Australian Strategic Materials Ltd (ASM) in a deal valuing ASM at approximately A$447 million, offering shareholders a 121% premium. The acquisition aims to establish a vertically integrated Western rare earths supply chain, aligning with critical minerals strategies between the US and Australia.

Locksley Resources is accelerating development at its Desert Antimony Mine in California, delivering promising high-grade bulk sample results and advancing towards U.S. antimony production aligned with federal strategic goals.

Nimy Resources has announced a maiden JORC Inferred Mineral Resource featuring exceptionally high-grade gallium and rare earth oxides at its Block 3 East deposit in Western Australia’s Mons Project. The discovery positions Nimy as a potential key supplier amid tightening global critical minerals supply.

Battery Age Minerals has successfully raised A$5.5 million to accelerate drilling and exploration across three continents, targeting strategic metals vital for future technologies.

Dreadnought Resources has completed a significant reverse circulation drilling campaign across its Mangaroon Gold and Critical Metals projects, setting the stage for upcoming assay results and diamond drilling programs. The company is also advancing exploration at its Illaara Gold Project with Metzke’s Find drilling commencing soon.

New Frontier Minerals has finalised drill targets for a maiden reverse circulation program at its Harts Range Heavy Rare Earth and Niobium Project, with regulatory approvals imminent and drilling poised to begin.

Sarytogan Graphite Limited has secured major engineering contracts for its Definitive Feasibility Study, setting the stage for construction in 2027. The project’s strategic importance under the EU Critical Raw Materials Act highlights its role in the battery minerals supply chain.

Australian Strategic Materials (ASM) reports significant progress in rare earth metals production and strategic growth, including a major capital raise and advances in its Dubbo and US projects.