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Australian Strategic Materials acquisition closes, with holders receiving Energy Fuels equity and cash.
Uranium ramp-up cut unit costs, but acquisition and expansion spending widened Q2 losses ahead of the proposed VAC deal.
ASM deal heads to a vote as the proposed VAC acquisition adds dilution risk and conditional financing commitments.
Pending VAC and ASM acquisitions support planned mine-to-magnet expansion at Sumter and White Mesa.
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