Energy Fuels Announces Definitive Agreement to Acquire VAC for $1.9 Billion Equity Value
Energy Fuels agreed to acquire VAC for $1.9 billion in equity value, combining upstream rare earth mining with downstream magnet manufacturing to create a fully integrated Western supply chain. The transaction is backed by a $725 million conditional loan from the U.S. Office of Strategic Capital and a $250 million term loan from Goldman Sachs, with closing expected in early 2027.
Key figures
- Deal Value Usd
- $1.9 billion
- Share price
- 16.12
- Shares issued
- 65.853 million
- War dept grant
- $41 million
- Vac ebitda 2025
- $29 million
- Cash consideration
- $718 million
- Aus lending package
- A$220 million
- Osc loan commitment
- $725 million
- Sumter ebitda 2k tpa
- $65 million - $75 million
- Sumter ebitda 4k tpa
- $130 million - $140 million
- Ara ownership percent
- 19.9%
- Preferred share value
- $135 million
- Sumter ebitda 12k tpa
- ~$400 million
- Vac adjusted net debt
- $140 million
- Gs term loan commitment
- $250 million
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.