ASMs suite of oxides are required for both renewables and nuclear.
Niobium is used in nuclear fuel, an alloy of nuclear fuel and as a structural component within the heat exchangers of a nuclear reactor.
Zirconium is used to surround nuclear fuel rods because it is the most resistant metal to corrosion and extremely high temperatures, it also resists the absorption of neutrons.
The ALP and Greens may be against nuclear in Australia but the debate is happening whether they like it or not. The Governmnet will support projects like Toongi because all of its oxides, converted to alloys and metals are used globally to achieve net zero in some form or another. Australia needs mining projects to maintain GDP and to bring in royalties to support the welfare state and NDIS. We cannot balance a budget in this Country without royalties, and the ALP Greens are hell bent on crushing coal exports and eventually gas.
ASM Price at posting:
$1.02 Sentiment: None Disclosure: Held
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