Energy Fuels (TSE:EFR) has released an update.
Energy Fuels Inc. has received approval from the Federal Court of Australia for its strategic acquisition of Base Resources, with the transaction expected to close on October 2, 2024. This move is set to bolster Energy Fuels’ position in the critical minerals market, particularly in uranium and rare earth elements, essential for the energy transition and domestic supply chains.
For further insights into TSE:EFR stock, check out TipRanks’ Stock Analysis page.