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acquisitionAnnounced · Jan 27, 2026Rare Earth ElementsSource · CredibleArticle · Factual
Energy Fuels acquires Australian Strategic Materials
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$299M
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: $299M. 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 2026-01-27. Figures and status may change as filings and press coverage update.
Energy Fuels Set to Acquire Australian Strategic Materials Energy Fuels Inc. is a leading US-based critical minerals company, focused on uranium, rare earth elements , heavy mineral sands, vanadium, and medical isotopes
Deal timeline
Announced
Jan 27, 2026 · finance.yahoo.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Rare Earth Elements with a reported deal value of $299M. Figures and status may change as sources update.
Sources: finance.yahoo.com · Primary article · FireStrike proprietary index