Energy Fuels to Acquire VAC in $1.9 Billion Deal

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-23
Category: business
Source: Energy Fuels Inc.
Original source

Energy Fuels Inc. has reached a definitive agreement to purchase Vacuumschmelze GmbH & Co. KG for approximately $1.9 billion, utilizing both cash and stock. This strategic acquisition is intended to establish a fully integrated platform, enhancing global supply chains for critical rare earth elements. The move could significantly impact the company's market position and the broader REE sector.

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