@AuManufacturing news and media@AuManufacturing news and media23,793 followers23,793 followers1w • 1 week agoThe Australian Government has announced a $5 million grant to Australian Strategic Materials (ASM), covering up to 50 per cent of a project to identify “alternative, capital efficient and nearer term options” for producing rare earth elements at its Dubbo Project.According to a statement from ASM, the project will involve “engineering, sampling, metallurgical testing, and a pilot program at ASM’s pilot facility” located at ANSTO.“With this funding, we will be able to undertake important work to identify lower capital and shorter implementation pathways to unlock rare earth production at the Dubbo Project and ensure a focused completion of our final FEED (Front-End Engineering Design),” said Managing Director Rowena Smith.hashtag#manufacturing hashtag#australianmanufacturing hashtag#auspol hashtag#grants hashtag#ASX hashtag#rareearths hashtag#mineralprocessing
ASM Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held
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