Following the announcement that Energy Fuels Inc. is to acquire ASM, MST Financial Research Analyst Chris Drew has published an updated research paper highlighting the strong strategic rationale behind the transaction. Through the transaction, Energy Fuels will extend its presence in the global rare earths supply chain by adding ASM’s metallisation and alloying capability to…
Australian Strategic Materials (ASM) has released its Quarterly Activities Report for the period ending 31 December 2025. Highlights Post Quarter activities Post 31 December 2025, ASM announced it has received an offer of acquisition from Energy Fuels Inc. The proposed transaction represents a transformational opportunity for the Company and has the potential to provide ASM shareholders…
The proposed combination of Energy Fuels Inc and Australian Strategic Materials (ASM) hits the sweet spot of US-Australia critical minerals security policy. Energy Fuels brings established rare earth separation capability, while ASM brings proven rare earth metallisation technology. Together, we will deliver a fully integrated, near-term Western ‘mine to metal and alloy’ rare earths champion….
ASM Managing Director & CEO Rowena Smith joined Nadine Blayney on Ausbiz to discuss the proposed acquisition of Australian Strategic Materials (ASM) by Energy Fuels Inc. This combination will create a near-term Western ‘mine to metal & alloy’ rare earths champion — providing ASM shareholders with a significant premium and ensuring they retain the opportunity to…
ASM Managing Director & CEO Rowena Smith joined Ross Greenwood on Sky News’ Business Now programme to discuss the proposed acquisition of Australian Strategic Materials (ASM) by Energy Fuels Inc. This combination will create a near-term Western ‘mine to metal & alloy’ rare earths champion — providing ASM shareholders with a significant premium and ensuring…
ASM Managing Director & CEO, Rowena Smith, and Energy Fuels President and CEO, Mark Chalmers, discuss Energy Fuels’ proposed takeover of Australian Strategic Materials – announced 21 January 2026. Listen to a full recording of their joint investor presentation, below:
Australian Strategic Materials (ASM) is pleased to announce that it has entered into a binding Scheme Implementation Deed (SID) with Energy Fuels Inc. (NYSE: UUUU; TSX: EFR) (Energy Fuels) under which it is proposed that Energy Fuels will acquire 100% of the issued share capital of ASM by way of a court-approved Scheme of Arrangement…
Following a recent site visit to ASM’s Korean Metals Plant (KMP), MST Financial Research Analyst Chris Drew has published an updated research paper highlighting the significance of our proven rare earth metallisation capability. Chris highlights three key factors driving an increased share price valuation of A$2.28: As outlined in the MST Access Investment thesis; the…
Australian Strategic Materials (ASM) has announced a further sale of 60 tonnes of high-purity NdFeB alloy to Noveon Magnetics Inc. (Noveon), the first operational US manufacturer of sintered rare earth magnets. The alloy, produced at ASM’s Korean Metals Plant, will be delivered progressively over six months under an existing supply contract. The sale directly supports…
In 2025, Australian Strategic Materials (ASM) has gone from momentum to delivery. At a time when geopolitics is driving a seismic shift in the rare earths sector, ASM’s mine to metals strategy has never been more critical. At our 2025 Annual General Meeting (AGM), ASM Chair Ian Gandel conducted the formal business of the meeting,…