• Energy Fuels to buy advanced magnetics maker VAC from Ara Partners for about USD 1.9 billion in cash and stock.
• Consideration includes USD 718 million cash, 65,853,000 new shares, potential preferred shares up to USD 135 million if pricing triggers.
• Energy Fuels to assume VAC adjusted net debt of USD 140 million; closing targeted for early 2027, subject to regulatory approvals.
• Deal adds VAC’s permanent magnet manufacturing footprint, including Sumter, South Carolina plant with 2,000 tpa capacity, scalable to 12,000 tpa.
• Ara to own 19.9% of Energy Fuels post-close, with one board nominee right; Goldman Sachs committed a USD 250 million term loan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Fuels Inc. published the original content used to generate this news brief on June 23, 2026, and is solely responsible for the information contained therein.