Rare earths producer Australian Strategic Materials (ASM) has produced its first metals at its subsidiary metals manufacturing plant in Korea.Writing in the company annual report, chairman Ian Gandel said Phase 1 commissioning was now complete of new buildings and production equipment installed in the past year.Gandel said: “Installation and commissioning of Phase 1 equipment to produce neodymium, praseodymium and titanium fell behind schedule due to the ongoing impacts of Covid-19 and supply chain disruptions.“However our team overcame these challenges with the installation of the neodymium, praseodymium and titanium furnaces completed before the year end, with commissioning well underway.” QUOTE
ASM becoming strong at the right time IMO.
https://www.aumanufacturing.com.au/asm-produces-rare-earth-metals-in-kore
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