RockBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Acquire VAC in $1.9 Billion Rare Earth Magnet Supply Chain Deal
This article has been disseminated on behalf of Energy Fuels Inc. and may include paid advertising. Energy Fuels (NYSE American: UUUU) (TSX: EFR) has entered into a definitive agreement to acquire Germany-based Vacuumschmelze GmbH & Co. KG and affiliated entities (collectively, “VAC”) from Ara Partners in a cash-and-stock transaction valued at approximately $1.9 billion. The acquisition is expected to create a fully integrated rare earth supply chain platform spanning mining, processing, metals and alloy production and permanent magnet manufacturing, strengthening Western access to critical materials used in defense, automotive, robotics, data centers and industrial applications. VAC brings more than 100…