Australia's largest stock trading and investment forum Australia's #1 stock forum

ASM

Click for more information

11.0%

61.0¢ australian strategic materials limited

They certainly seem very keen.ASM'S method means less power is...

First 31 Last

Share
Profile

Follow
subi1

8,440 Posts.

891

01/02/21

15:05

Post #: 50610709
Share

Originally posted by Dazedandconfused: ↑

Hi subi1

I think the titanium is the biggest part of the story.... it was the first thing the Koreans produced. I can't pretend I know anything about the Ti market but my guess is it is not as well supplied compared to the REE market.... there will be a lot of supply agreements in the REE market which will lock out competitors and I suspect even with this new process ASM would face some practical commercial hurdles getting into production.

Ti, I suspect, is a market which would see greater demand if product appears at better prices... ASM's production cost advantages will get the facilities built and profitable supplying Ti and then a pivot to include the REE will easily follow.... that's how I am imagining things.

Expand

They certainly seem very keen.

ASM'S method means less power is required and there are less emissions which seems like a big advantage. Also smaller plants because of the way it is done. Pretty well an advantage in every area.

I wonder whether they are looking at a Titanium sand source to mine themselves or whether it is in abundant supply.

Last edited by subi1: 01/02/21

ASM Price at posting: $4.93 Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

OPL

Opyl forms JV with UK and US consortium to bring products to the world

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

Drilling at Lady Ilse suggests gold-copper porphyry, grows footprint for Magmatic

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

There are more pages in this discussion • 34 more messages in this thread...

First 31 Last

Add ASM (ASX) to my watchlist

(20min delay)
Last 61.0¢		Change -0.075(11.0%)		Mkt cap ! $110.4M

Open	High	Low	Value	Volume
69.5¢	69.5¢	60.5¢	$558.3K	888.1K

Buyers (Bids)

No.	Vol.	Price($)
7	42245	61.0¢

Sellers (Offers)

Price($)	Vol.	No.
62.5¢	9026	1

View Market Depth

No.	Vol.	Price($)
7	42245	0.610
9	107524	0.605
6	20888	0.600
2	2800	0.595
2	8000	0.590

Price($)	Vol.	No.
0.625	9026	1
0.630	12000	2
0.650	7633	1
0.655	4209	1
0.665	3000	1

Last trade - 16.10pm 24/07/2024 (20 minute delay)

ASM (ASX) Chart

SPONSORED BY