ASM 3.27% 74.0¢ australian strategic materials limited

Ann: Trading Halt, page-99

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    The following is from a report written by Ian in 2009:
    While there are several other deposits of the Dubbo “type” elsewhere in the world, to the best of our knowledge
    only the DZP has developed a technically viable process capable of delivering saleable products to the markets.
    The key to the Project’s potential viability is the presence of acid soluble ore minerals and that very little of the
    host trachyte is dissolved at the sulphation stage, limiting the level of the deleterious elements in the subsequent
    leach solution.
    Existing world production of the metal suite is derived from a number of separate sources and the DZP will be a
    unique combination that is capable of providing variable products into rapidly expanding electronics, ceramics
    and specialty glass and alloy markets, and more specifically for auto catalytic converters. With zircon supply
    generally being governed by the demand for titanium products, the DZP assumes strategic significance as a
    supplier into the zirconium chemicals, zirconia and possibly zirconium and hafnium metal markets.
    The demand for niobium and has increased dramatically in the last year, largely driven by demand for special
    steels, and this has reflected in significant increase in pricing. Specific rare earths, as well as yttrium, such as
    neodymium, dysprosium and terbium have also seen a dramatic increase in demand and price caused by the
    growing demand for rechargeable batteries and electric motors in hybrid motor vehicles, and phosphors for
    energy efficient lighting.
    The size of the resource provides a potential source of metals over hundreds of years and it is in a location with
    very favourable infrastructure and legislative framework, at both a State and Federal level.
 
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