As global tensions rise, countries are racing to reduce their...

As global tensions rise, countries are racing to reduce their dependence on China for critical minerals — and that’s where Australian Strategic Materials (ASX: ASM) steps in. With demand for rare earths and critical materials booming, ASM is strategically positioned to benefit from this global shift. The stock is sitting comfortably with a strong support level at $7.80, offering a solid floor for potential growth. Analysts are setting a near-term price target of $8.30, with further upside in sight as nations scramble to secure independent supply chains. If you’re looking for a company poised to capitalize on these geopolitical tailwinds, ASM could be the hidden gem ready to soar. Keep your eyes on this one — the next leg up could be just around the corner!Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research or consult a financial professional before making any investment decisions. Investments can go up and down in value, and past performance is not indicative of future results.