Energy Fuels Completes Acquisition to Build Western Rare Earth Magnet Supply Chain
Energy Fuels acquires ASM to add rare earth metals and alloys production, advancing a Western mine-to-magnet supply chain. Learn about the impact.
This acquisition is pivotal for reducing Western dependence on Chinese rare earth processing. By adding metals and alloys production, Energy Fuels is creating a truly integrated supply chain from mine to magnet, which is critical for national security, clean energy transition, and technological sovereignty. This move could stabilize supply chains for essential technologies like EVs and wind turbines.
