Energy Fuels Completes Acquisition of Base Resources (Toliara Project) via Scheme of Arrangement
October 2, 2024
Energy Fuels has completed its acquisition of Base Resources Limited through an Australian scheme of arrangement, securing Base’s heavy mineral sands and critical minerals assets, including the Toliara Project in Madagascar. The deal delivers a larger, more integrated rare earth and critical minerals supply chain that Energy Fuels plans to process into advanced rare earth products at its White Mesa Mill in Utah.
- Buyers
- Energy Fuels Inc.
- Targets
- Base Resources Limited
- Industry
- Energy
- Location
- Australia
- Transaction Type
- Buyout
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