Energy Fuels, a US producer of uranium, REEs, and vanadium, agreed to acquire Base Resources, a producer of mineral sands, such as rutile, ilmenite, and zircon, for AUD375m. "The acquisition of Base Resources and the Toliara project represents a monumental leap forward for the Company, as we continue to execute on a truly revolutionary REE, uranium and critical mineral combined strategy. For the past four-plus years, Energy Fuels has innovated a new way to produce critical minerals, that we believe is more cost competitive than traditional approaches, by leveraging our uranium processing expertise and infrastructure to develop a secure, US-centric REE oxide supply chain," Mark S. Chalmers, Energy Fuels President and CEO.