Energy Fuels shares fall as it inks $1.9 bln VAC acquisition deal

Energy Fuels

23/06/2026 11:36

**  Shares of miner Energy Fuels UUUU.A down ~8% at $14.8 premarket
** Co says it would acquire German magnet manufacturer Vacuumschmelze GmbH (VAC) for about $1.9 billion in cash and stock
** Under the agreement, Energy Fuels will acquire 100% of VAC from Ara Partners for $718 million in cash and 65.9 million newly issued shares
** Energy Fuels announces $725 mln conditional loan from U.S. office of strategic capital
** Co expects transaction to close in early 2027
** As of last close, shares up 10.9% YTD 

 (Reporting by Varun Sahay in Bengaluru)
 ((Varun.sahay@thomsonreuters.com))