Australian Strategic Materials Ltd

Equities

ASM

AU0000094153

Non-Gold Precious Metals & Minerals

Market Closed - Australian S.E. Other stock markets 02:10:16 2024-05-07 am EDT			5-day change	1st Jan Change
1.01 ^AUD	0.00%		-0.98%	-20.47%

Apr. 29	Australian Strategic Materials Provides Q1 Updates	MT
Apr. 26	Australian Strategic Materials Receives Letter of Interest from Export Development Canada; Shares Gain 3%	MT

Australian Strategic Materials secures feedstock for metals plant ramp-up

May 05, 2023 at 10:47 am EDT

(via NewsDirect)

Australian Strategic Materials Ltd (ASX:ASM) CEO Rowena Smith tells Proactive the company has secured an additional supply of rare earth oxides from Vietnam as the company readies to ramp up production at its high purity critical metals plant in South Korea. ASM has signed a binding agreement with Vietnam Rare Earth Company (VTRE) for 100 tonnes of feedstock this year, with both parties agreeing to further negotiate for a longer term supply agreement.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Australian Strategic Materials Ltd

Australian Strategic Materials Provides Q1 Updates	Apr. 29	MT
Australian Strategic Materials Receives Letter of Interest from Export Development Canada; Shares Gain 3%	Apr. 25	MT
Australian Strategic Materials, Caspin Sign Option Agreement for Earn-In Rights in Mount Squires Project	Apr. 10	MT
Perpetua Resources gets nod to seek $1.8 bln US loan for antimony mine	Apr. 08	RE
Transcript : Australian Strategic Materials Ltd - Special Call	Apr. 01
Australian Strategic Materials Taps Bechtel Mining and Metals for FEED Services at New South Wales Project; Shares Up 6%	Mar. 24	MT
Australian Strategic Materials Receives Conditional Debt Funding from US Export-Import Bank; Shares Up 22%	Mar. 20	MT
US backs Australian rare earths project with $600 mln letter of interest	Mar. 20	RE
Australian Strategic Materials Ltd Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 13	CI
Australian Strategic Materials' CFO Appointment Takes Effect a Week Earlier; Shares Down 7%	Jan. 21	MT
Australian Strategic Materials Ltd Appoints Stephen Motteram to the Role of Chief Financial Officer, Effective 29 January 2024	Nov. 28	CI
Transcript : Australian Strategic Materials Ltd - Shareholder/Analyst Call	Nov. 21
Australia's Blackstone sticks to Vietnam rare earth bid plan despite partner's arrest	23-10-22	RE
Australian Strategic Materials Achieves High Rare Earth Separation Rates at Dubbo Project	23-10-11	MT
Australian Strategic Materials Ltd Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-29	CI
Inside Vietnam's plans to dent China's rare earths dominance	23-09-24	RE
Australian Strategic Materials Appoints COO	23-08-20	MT
Australian Strategic Materials Ltd Appoints Mr. Chris Jordaan as Chief Operating Officer, Effective 24 August 2023	23-08-20	CI
Australian Strategic Materials Ltd Announces Mr. Jason Clifton Resigns as CFO, Effective on 10 November 2023	23-08-20	CI
Australian Strategic Materials Hires Consultant for Dubbo Project Infrastructure Study	23-08-17	MT
Usa Rare Earth Signs Supply Agreement with Australian Strategic Materials	23-08-03	CI
Australian Strategic Materials Signs Alloy Supply Deal; Shares Up 7%	23-08-03	MT
Australian Strategic Materials Receives AU$6.5 Million Grant for New South Wales Project	23-05-18	MT
Australia hands out critical minerals grants	23-05-18	RE
Australian shares fall ahead of RBA minutes	23-05-15	RE

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Company Profile

Australian Strategic Materials Ltd is a producer of critical metals for advanced and clean technologies. It is engaged in extracting, refining and manufacturing high-purity metals, alloys and powders, supplying direct to global manufacturers in clean energy, electric vehicles, aerospace, electronics and communications. Its segments include Korea, Dubbo, and Corporate. The Korea segment includes the construction and commissioning of the Korean Metals Plant. The Dubbo segment includes the evaluation and feasibility of the Dubbo project. The Companyâs Dubbo Project is located near the Australian town of Toongi, 25 kilometer (km) south of Dubbo, in central-western New South Wales (NSW). Its Korean Metals Plant is located in the Ochang Foreign Investment Zone, in Ochang Province, approximately 115 kilometers south of Seoul, Korea. Its products include neodymium, praseodymium, terbium, dysprosium, zirconium, niobium, and hafnium.

Sector

Non-Gold Precious Metals & Minerals

Calendar

2024-08-25 - Q4 2024 Earnings Release (Projected)

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Sector Rare Earth Minerals

	1st Jan change	Capi.
AUSTRALIAN STRATEGIC MATERIALS LTD	-20.47%	120M
CHINA NORTHERN RARE EARTH (GROUP) HIGH-TECH CO.,LTD	+4.91%	9.87B
LYNAS RARE EARTHS LIMITED	-7.12%	4.03B
CHINA KINGS RESOURCES GROUP CO.,LTD.	+31.12%	2.74B
MP MATERIALS CORP.	-18.39%	2.66B
SHENGHE RESOURCES HOLDING CO., LTD	-0.10%	2.43B
BRAZILIAN RARE EARTHS LIMITED	+66.49%	456M
ARAFURA RARE EARTHS LIMITED	+15.15%	291M
NORDIC MINING ASA	+19.91%	206M
CHINA RARE EARTH HOLDINGS LIMITED	+10.61%	106M

Rare Earth Minerals