Energy Fuels has signed a definitive agreement to acquire Vacuumschmelze GmbH & Co. KG, Ara VAC TopCo US and their respective subsidiaries (together, VAC) from Ara Partners for a total cash-and-stock consideration of $1.9 billion. The deal creates a fully integrated platform to strengthen global critical rare earth element (REE) supply chains. VAC is an advanced magnetics company with over…
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Mineral explorer Lithium Corp. has secured a land position covering 13,092 acres (5,439 hectares) in addition to its recent unconditional grant of mineral claims at its Las Pilas rare earth element (REE) project in southern British Columbia. The property encompasses at least three distinct areas of anomalous REE mineralization, establishing Las Pilas as a key exploration asset within Lithium’s growing…
Read MoreUcore Rare Metals has secured a multi-decade lease for an 80,800-square-foot brownfield facility on a 10.7-plus acre industrial parcel for the development of its first commercial rare earth element (REE) processing facility. The selected site for the Louisiana Strategic Metals Complex (LA-SMC) is located at the England Airpark complex in Alexandria, Louisiana. The LA-SMC will process 2,000 tonnes per annum…
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