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.
I think the plan of multiple metal plants and where the next one...
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Last
68.5¢ |
Change
-0.010(1.44%) |
Mkt cap ! $124.0M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 71.5¢ | 68.5¢ | $167.5K | 240.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36938 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 3667 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |