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acquisitionAnnounced · Jan 21, 2026rare earth elementsSource · CredibleArticle · Factual
Energy Fuels acquires Australian Strategic Materials
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
—
Target
Australian Strategic Materials
ASX: ASM · West Perth, Western Australia
Acquirer
Energy Fuels
Full Acquisition
Status
Pending
Energy Fuels agreed to acquire Australian Strategic Materials. Reported deal value: Undisclosed. Status: Pending. Sector: rare earth elements. Target headquarters context: West Perth, Western Australia, Australia.
This page summarizes publicly available information about the transaction as of 2026-01-21. Figures and status may change as filings and press coverage update.
The news: Rare earths producer Australian Strategic Materials has entered a scheme of implementation to be acquired by New York-listed Energy Fuels to form what is touted as the largest fully integrated rare earth mine-to-metal and alloy producer outside China
Deal timeline
Announced
Jan 21, 2026 · capitalbrief.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in rare earth elements. Figures and status may change as sources update.
Sources: capitalbrief.com · Primary article · FireStrike proprietary index