Australian Strategic Materials (ASX:ASM) shares have soared +120% higher in the Wednesday session after the company received a surprise buyout offer from Colorado-based uranium and REE player Energy Fuels.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.The proposed takeover offer is obviously one investors are bullish on – just look at price action – and a look at the company’s 5Y price chart might expla ...

Group 1 - Energy Fuels Inc. (NYSE:UUUU) has been recognized as one of the 11 best nuclear energy stocks to invest in, highlighting its significant upside potential [1] - The company reached a new 52-week high of $14.42 on September 19, 2025, reflecting increased investor confidence due to the growing demand for nuclear fuel and critical minerals [2] - Energy Fuels Inc. successfully produced high-purity neodymium-praseodymium oxide from its White Mesa Mill, which is now being used to create permanent magnets for electric and hybrid vehicles, establishing a strong position in the "mine-to-magnet" rare earth supply chain [3] Group 2 - The company operates in the discovery, development, and marketing of heavy mineral sands, rare earth elements, uranium, and vanadium pentoxide across the United States, providing a strategic advantage in the critical-mineral and nuclear fuel supply industries [4]