I think the main points that the CEO has raised are the most relevant though. And I think she's using the time she has, while the market is flat, to build the company into something impressive for the upcoming demand.
What are the main points:
Analysts are predicting an uptick in market demand in the second half of this year, and into 2026
Mines that go into production pre 2030 are able to claim an exemption on royalties tax
Optimising the flowsheet, reducing cap ex and op ex, will move FEED design forward and start production earlier.
Leaching will reduce the need for roasting, and reduce cap ex and op ex
We have just added Dominic Heaton to the board
The US DOD are keen on Hafnium, Dysprosium and Terbium
ASM have proprietary technology that produces high grade Dysprosium and Terbium. Only one other company in the world outside of China has this capability. The KMP will be capable of commercially producing this by the end of this year.
The third white paper has been submitted in January, for a grant to build the second metals plant in the US.
We have passed validation with a European customer. Europe has recently passed regulations that enforce materials to be sourced outside of China.
I'm pretty happy with this outlook for the next 12 months, I am expecting some announcements to stabilise the SP soon
ASM Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
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