Energy Fuels to acquire Australian Strategic Materials for $299 million

US-based Energy Fuels Inc. will acquire Australian Strategic Materials Limited in a deal that values ASM at $299 million, creating what Energy Fuels said is the largest fully integrated rare earth elements producer outside China. The transaction combines Energy Fuels’ rare earth oxide separation capabilities at its White Mesa Mill in Utah with ASM’s operating Korean Metals Plant and plannedUS-based Energy Fuels Inc. will acquire Australian Strategic Materials Limited in a deal that values ASM at $299 million, creating what Energy Fuels said is the largest fully integrated rare earth elements producer outside China. The transaction combines Energy Fuels’ rare earth oxide separation capabilities at its White Mesa Mill in Utah with ASM’s operating Korean Metals Plant and plannedRead More