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Energy Fuels ( (UUUU) ) has provided an announcement.
Energy Fuels has agreed to acquire 100% of Australian Strategic Materials in a deal valuing ASM at about US$299 million, aiming to create what it believes will be the largest fully integrated rare earth “mine-to-metal and alloy” producer outside China. The combination will link Energy Fuels’ U.S.-based rare earth oxide separation capabilities at the White Mesa Mill with ASM’s operating Korean Metals Plant and planned American Metals Plant, giving the group one of the few ex-China platforms capable of producing separated rare earth oxides as well as metals and alloys such as NdPr, Dy and Tb and related magnet alloys. The acquisition also adds ASM’s Dubbo project in New South Wales to Energy Fuels’ development pipeline, reinforcing long-term feedstock for its planned expansion to thousands of tonnes of rare earth oxides per year, and leverages ASM’s technology to de-risk and accelerate a new U.S. metals and alloys facility, potentially boosting Energy Fuels’ vertical integration, margins, market share and strategic relevance in non-Chinese rare earth supply chains.
The most recent analyst rating on (UUUU) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Energy Fuels stock, see the UUUU Stock Forecast page.
Spark’s Take on UUUU Stock
According to Spark, TipRanks’ AI Analyst, UUUU is a Neutral.
The score is driven by a strong balance sheet and improving production outlook from the latest earnings call, plus solid bullish technical momentum. Offsetting these positives are weak current fundamentals—sharp profitability deterioration and persistent negative operating/free cash flow—along with limited valuation support due to losses and no dividend.
To see Spark’s full report on UUUU stock, click here.
More about Energy Fuels
Energy Fuels Inc., listed on the NYSE and TSX, is a leading U.S. producer of uranium, rare earth elements and other critical materials, with a particular focus on rare earth oxide production at its White Mesa Mill in Utah. The company has been expanding its global footprint and upstream resource base, including projects and investments in Australia, Madagascar and Brazil, to supply critical minerals for automotive, energy, robotics and defense applications.
Average Trading Volume: 14,886,674
Technical Sentiment Signal: Buy
Current Market Cap: $5.21B
Learn more about UUUU stock on TipRanks’ Stock Analysis page.