ASM australian strategic materials limited

China’s floods slams rare earths industries.

  1. 10,864 Posts.
    lightbulb Created with Sketch. 1579
    Though authorities have not revealed total economic losses caused by the deluge of rain since June, several companies whose production plants have been submerged have ceased operations.Sichuan-based Shenghe Resources, one of China's few rare earth production companies, on Wednesday said floods have damaged fixed assets, including equipment and inventory at two plants. QUOTE.The supply of rare earths as tenuous as cobalt at any time IMO.

    https://asia.nikkei.com/Business/Companies/China-s-flooding-slams-rare-earth-fertilizer-and-other-industries
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
57.0¢
Change
0.005(0.88%)
Mkt cap ! $126.3M
Open High Low Value Volume
57.0¢ 59.5¢ 56.5¢ $453.0K 784.1K

Buyers (Bids)

No. Vol. Price($)
1 12317 57.0¢
 

Sellers (Offers)

Price($) Vol. No.
58.0¢ 15350 3
View Market Depth
Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.