Australian Strategic Materials to Delist as Energy Fuels Completes Takeover
Australian Strategic Materials will be removed from the ASX Official List at the close of trading on 31 August 2026 after a court-approved scheme of arrangement with its shareholders. EFR Critical Materials Pty Ltd, a wholly owned subsidiary of U.S.-based Energy Fuels Inc., will acquire all ASM issued capital, ending ASM as a standalone public company and marking Energy Fuels’ integration of ASM into its critical materials portfolio.