A safety cabinet for the storage of flammable or combustible materials that has doors and a closure mechanism designed to automatically close and latch the doors in the event of fire. The closing mechanism is fully automatic and eliminates mechanical timing features as well as provides an automatic positive method and structure of closing the doors of the cabinet to insure a complete seal and lock. Furthermore, the latching assembly is operated using a handle which may be rotated into a tucked position. In this position, the handle rests in a cavity formed within the doors of the cabinet for protectively shielding the latching assembly to prevent accidental or unauthorized opening and handle breakage.