Whilst somewhat "disappointed" that the time line for the commencement of the build of the replica KMP Plant in the Usa seems to be 2027, once the site is selected that might logically brought forward if the US Dept of Defence supply demands ( accompanied by the funding ) is there . Almost certainly , the Trump Admin wants to focus on increased Defence funding ....and the supply of critical materials ( magnets) will be a big part of that build . I also noticed this recent Announcement from Neo Performance Materials ( Magnequench) , and the first supply of magnets coming on stream from their new Estonia factory. Neo Performance Materials Ships First Magnet Samples Produced at New European Facility to its Tier 1 Traction Motor Customer - Neo Performance Materials ASM seem to have a very good and growing relationship with Magnequench ..and the Nb iron boron strip alloy coming out of the KMP would seem to fit very nicely into the Estonia factory growth in supply and demands . A good source of coming revenue hopefully ..and maybe a FUNDED PLANT in the EU ( note the funding for the Magnequech Estonia factory in the article ) is quite a possibility . within the same time frame as the Plant development in the USA ??!! One step at a time . The Webcast and fleshing out of the Presentation on Tuesday next , will be interesting .
ASM Price at posting:
67.5¢ Sentiment: Hold Disclosure: Held
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