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Energy Fuels completes acquisition of ASM
Australian Strategic Materials (ASM) is pleased to confirm that Energy Fuels Inc. has completed its 100% acquisition of ASM, by way of a members’ scheme of arrangement (Share Scheme). Implementation of the Share Scheme took place on 28 August 2026, and ASM was removed from the official list of ASX on 31 August 2026. In accordance with…
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ASM Securityholders approve Schemes
Australian Strategic Materials (ASM) Securityholders have voted overwhelmingly in favour of the Schemes of Arrangement under which Energy Fuels will acquire 100% of ASM. Energy Fuels (NYSE American: UUUU, TSX: EFR) is a leading US producer of uranium, rare earth elements, and other critical minerals. At the Scheme Meetings held in Perth on 12 August…
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WATCH: Diggers & Dealers 2026
As ASM progresses is proposed transaction with Energy Fuels towards completion, Managing Director & CEO Rowena Smith provided the 2026 Diggers & Dealers Mining Forum with an overview of how this potentially transformative transaction has come about. Watch Rowena’s full presentation below:
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Quarterly Report: Production momentum continues
Australian Strategic Materials (ASM) has released its Quarterly Activities Report for the period ending 30 June 2026. Highlights
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Supplementary Scheme Booklet & Scheme Meetings
ASM has released a Supplementary Scheme Booklet to provide ASM Securityholders with additional disclosure in relation to Energy Fuels’ recent financing and transaction developments. Dispatch of the Supplementary Scheme Booklet to ASM Securityholders is expected to be completed on or around 31 July 2026 as follows: The Supplementary Scheme Booklet is an important document and…
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Indicative timing for Scheme Meetings
ASM has advised that the postponed Scheme Meetings are expected to be held in early to mid-August 2026. As previously advised in announcements to ASX on 19 June and 24 June 2026, ASM and Energy Fuels are preparing a supplementary Scheme Booklet (Supplementary Scheme Booklet) to provide ASM Securityholders with additional disclosure in relation to…
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Scheme Booklet now available – your vote matters
Australian Strategic Materials (ASM) has reached an important milestone in its proposed acquisition by Energy Fuels Inc. (NYSE American: UUUU / TSX: EFR) – registering the Scheme Booklet with the Australian Securities and Investments Commission (ASIC) and releasing the document to the ASX. The Scheme Booklet contains everything ASM Securityholders need to make an informed…
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ASM wins Resources, Minerals and Processing Award at Australia-Korea Business Awards 2026
Australian Strategic Materials (ASM) has been recognised at the AustCham Korea Australia-Korea Business Awards 2026, taking out the Resources, Minerals and Processing category. The award acknowledges the Company’s achievement in building one of the few rare earth metals and alloys production facilities outside China. The award was accepted in Seoul by Mr Nam-eun Hur, Representative…
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60-tonne NdFeB alloy sale to Noveon
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…
