Energy Fuels Set to Acquire Base Resources
Company Announcements

Energy Fuels Set to Acquire Base Resources

Story Highlights

Energy Fuels (TSE:EFR) has released an update.

Energy Fuels Inc. has received approval from the Federal Court of Australia for its strategic acquisition of Base Resources, with the transaction expected to close on October 2, 2024. This move is set to bolster Energy Fuels’ position in the critical minerals market, particularly in uranium and rare earth elements, essential for the energy transition and domestic supply chains.

For further insights into TSE:EFR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyEnergy Fuels’ acquisition of Base Resources approved by Australia Federal Court
PR NewswireFederal Court of Australia Approves Transformational Acquisition of Base Resources
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App