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ASX:ASM News 21 January 2026 - 26 January 2026

Energy Fuels stock climbs in premarket as Washington’s rare-earth push lifts UUUU

Energy Fuels stock climbs in premarket as Washington’s rare-earth push lifts UUUU

Energy Fuels Inc shares rose 4.3% in U.S. premarket Monday, trading at $25.50 after news the Trump administration will acquire a 10% stake in USA Rare Earth as part of a $1.6 billion deal. The move follows Energy Fuels’ agreement to buy Australian Strategic Materials for $300.9 million, linking rare earth operations in the U.S., Korea, and Australia. USA Rare Earth and MP Materials also gained in early trading.
26 January 2026
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Energy Fuels (UUUU) stock jumps premarket as $300 million ASM deal puts rare-earth supply chain in focus

Energy Fuels (UUUU) stock jumps premarket as $300 million ASM deal puts rare-earth supply chain in focus

Shares of Energy Fuels rose 7% to $23.52 in premarket trading after announcing a $300 million all-stock acquisition of Australian Strategic Materials. The deal aims to expand rare-earth metals and alloys output in South Korea and includes plans for a new U.S. plant. ASM shareholders will receive 0.053 Energy Fuels shares plus a special dividend per ASM share. Court hearings and a shareholder vote are expected in the first half of 2026.
21 January 2026
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Stock Market Today

Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

7 February 2026
Lucid Group shares jumped 14% to $10.86 at Friday’s close, recovering from an 8% drop the previous day. The move followed a broad Wall Street rally that lifted high-volatility stocks. Lucid reported fourth-quarter deliveries of 5,345 vehicles and full-year deliveries of 15,841. Investors await Lucid’s Feb. 24 results for updates on cash and demand.
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