ASM 1.50% $1.02 australian strategic materials limited

reply didnt work so edit to @DanielwhiterunYou could be right...

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    reply didnt work so edit to @Danielwhiterun

    You could be right but the wording to me:

    Commissioning for neodymium praseodymium (NdPr) metal and alloy products drew closer to completion this quarter, with positive results achieved. .... Once the Phase 1 NdFeB commissioning is complete, nameplate capacity for NdFeB production will be 600 tpa.

    and the fact the CuTi line is not nearly as progressed as the NdPr or NdFeB lines are, says to me 2200 total is some way off regardless of offtake.

    More than happy to be proven wrong. This comment re sales was encouraging:

    In addition to the first sale of NdPr metal, ASM is also involved in advanced negotiations with a US counterpart in relation to the supply of NdFeB strip alloy (for use in permanent magnets).


    Last edited by Watchfulbull: 26/10/22
 
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