---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-012199"
form_type: "8-K"
ticker: "UUUU"
cik: "0001385849"
company_name: "ENERGY FUELS INC"
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:30:47.673309+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Energy Fuels forms JV with Astron for Donald rare earth project; invests up to $122M for 49%

## Summary
- Energy Fuels to invest up to AUD$183M (~$122M) for 49% interest in Donald rare earths JV with Astron.
- Phase 1 expected to produce 7,000-8,000 t REEC/year as early as 2026, containing ~4,700 t TREO.
- Energy Fuels will issue ~2.56M shares (value $17.5M) to Astron; $3.5M at closing, $14M upon FID.
- Energy Fuels secures 100% offtake of the Donald Project's REEC at market prices with floor price protection.
- FID expected Q3/Q4 2024; conditions include FIRB approval and asset transfer.

## SEC filing metadata
- accession: 0001062993-24-012199
- form_type: 8-K
- ticker: UUUU
- cik: 0001385849
- company_name: ENERGY FUELS INC
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385849/000106299324012199/0001062993-24-012199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385849/000106299324012199/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-012199
- JSON: https://secwatch.observer/filing/0001062993-24-012199.json
- Plain text: https://secwatch.observer/filing/0001062993-24-012199.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.