💰 Business24 June 2026·3 min read·
Energy Fuels buys German magnet maker for $1.9bn
Source: MiningMX
US rare earths and uranium miner Energy Fuels has agreed to acquire Vacuumschmelze, one of the western world’s few operational permanent magnet manufacturers, for $1.9bn, in a bet on decoupling critical mineral supply chains from China, reports the Financial Times. Energy Fuels…
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