ASM australian strategic materials limited

Ann: ASM receives US$600M ($A923M) Letter of Interest from USEXIM, page-86

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    From Adamas...
    Adamas take: A synergistic agreement for both sides and a timely one as USARE looks to start magnet production as early as this year. Given USARE’s existing offtake agreement with Australian Strategic Materials (ASM) for NdFeB alloy, we see potential for the REOs acquired from ReElement to be toll-metallized and made into NdFeB alloy by ASM in South Korea given the current lack of capacity to produce either in the US.
 
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