Energy fuels Stock news
On October 26, 2026, reports indicated that General Motors terminated a long--term supply agreement with e--VAC Magnetics, a subsidiary of Germany's Vacuumschmelze (VAC), which Energy Fuels Inc. (NYSE American: UUUU) agreed to acquire in a $1.9 billion transaction. General Motors was projected to purchase approximately 90% of the rare--earth magnet output from e--VAC's $500 million facility in South Carolina. The contract termination has resulted in formal arbitration proceedings between VAC and General Motors, potentially triggering purchase--price adjustment mechanisms for the pending takeover. Energy Fuels confirmed it was aware of the dispute during transaction negotiations and continues to anticipate closing the VAC acquisition as early as the first quarter of 2027.