President Donald Trump is preparing to launch a strategic stockpile of $12 billion of crucial minerals aimed at accelerating the administration’s efforts to reduce America’s dependence on China for key raw materials. Known as Project Vault, the initiative will combine up to $10 billion in long-term financing from the U.S. Export-Import Bank (EXIM) with approximately […]
Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) and Australian Strategic Materials (ASX:ASM,OTC Pink:ASMMF,OTCPL:ASMMF) have entered into an implementation deed, under which Energy Fuels proposes to acquire 100 percent of Australian Strategic Materials. The acquisition is intended to enable Energy Fuels to create a new “mine-to-metal and alloy rare earths champion” and includes Australian Strategic Materials’ Dubbo rare earths project […]