Latest Strategic Materials News

Australian Strategic Materials (ASM) has announced a revised timetable for its shareholder scheme meetings tied to Energy Fuels’ acquisition, alongside dispatching a supplementary booklet that updates key transaction details including a new expert report. The acquisition now contemplates Energy Fuels’ conditional US$725 million financing and a US$1.9 billion deal to acquire VAC.

Olympio Metals has secured two historically rich silver and antimony projects in the US, unlocking significant exploration potential with no modern drilling recorded. The acquisition aligns with US strategic mineral priorities and sets the stage for renewed exploration activity.

IperionX has won up to US$6.6 million from the US Department of War to scale production of ballistic-grade titanium plate and military components, aiming to reduce reliance on imports and strengthen domestic supply chains.

Australian Strategic Materials (ASM) has postponed its shareholder Scheme Meetings to early August 2026, following Energy Fuels’ major financing and acquisition moves. The updated timetable awaits court and regulatory approvals, with the ASM board maintaining its unanimous recommendation.

Australian Strategic Materials has delayed key shareholder meetings amid Energy Fuels’ $1.9 billion acquisition of Vacuumschmelze, prompting a supplementary disclosure for ASM securityholders.

Osmond Resources has expanded the high-grade heavy mineral zone at its Orión EU Critical Minerals Project in Spain, with drill hole SOR-08 intersecting key quartzite layers 1.25km from prior discoveries. This development supports the maiden Mineral Resource Estimate and keeps the company on track for a Q3 2026 Scoping Study.

Australian Strategic Materials (ASM) confirms the Independent Expert’s continued support for Energy Fuels’ acquisition scheme, despite a notable decline in Energy Fuels’ share price. ASM directors remain unanimously in favour as scheme meetings approach.

IperionX’s Titan Definitive Feasibility Study outlines a shovel-ready Tennessee project targeting heavy rare earths, titanium, zirconium, and hafnium with robust economics and strategic US supply chain implications.

Sovereign Metals has verified that its Kasiya project hosts monazite concentrates rich in critical heavy rare earths Dysprosium, Terbium, and Yttrium, with oxide ratios far exceeding global benchmarks. This discovery could add a valuable by-product stream at near-zero incremental cost, enhancing the project’s economics amid growing Western supply chain security concerns.

Evion Group confirms high-grade fluorspar assays up to 88.15% CaF2 at its Carp Project in Nevada, validating a large, near-surface mineralised system. The company plans an extensive exploration program to capitalise on the US critical minerals demand.

Gold Hydrogen is accelerating Helium development at its Ramsay Project, leveraging exceptional purity results and independent modelling amid a tightening global Helium supply.

Australian Strategic Materials Limited (ASM) shareholders are set to vote on a scheme of arrangement for Energy Fuels Inc. to acquire 100% of ASM shares and options, offering a significant premium and exposure to a vertically integrated rare earth supply chain.