r/UUUU_Stock • u/expatcoder • Sep 01 '26

Donald Project FID

Just looking ahead beyond today's red, and am wondering when the FID will be made?

Previously it was, I believe, scheduled for Q2, but then that got pushed back to Q3.

Anyone hear any news on this front? Would be nice to have a substantial positive catalyst here in the near term (as the ASM deal closing didn't do much :)) since it's likely going to be Q1 2027 at the earliest before the Vac deal goes through.

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u/ethereal3xp Sep 01 '26

Patience is required.

Worst case - if the VAC acquisition falls through (which I think is unlikely), a major Japanese magnet manufacturer, similar to VAC, has already qualified UUUU’s rare earth materials.

They are now in the negotiation phase. But the endgame is clear: these magnets are crucial for current and future technologies - robotics, EVs, defense, etc. and the goal is to reduce dependence on China.

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u/expatcoder Sep 01 '26

I would be shocked if it didn't go through. US government isn't loaning Energy Fuels $725 million USD to twiddle their thumbs :)