ASM 11.1% 56.0¢ australian strategic materials limited

Ann: ASM signs long-term sales agreement with USA Rare Earth, page-118

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  1. 62 Posts.
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    I think the plan of multiple metal plants and where the next one will go has been answered. That ASM have now secured multiple US offtakes suggests to me it's a matter of when not if a US metal plant is established. It only cost 30-40 million to establish in South Korea, so an application for a US govt grant may be on the cards
    As others have said 60% of Rare Earths requirement and ramp up will be substantial. That one offtake has put ASM into profitability territory.
 
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