ASM 1.10% $1.38 australian strategic materials limited

Also , reading material of interest , is the attached from...

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    Also , reading material of interest , is the attached from INVESTORINTEL
    https://investorintel.com/sectors/technology-metals/technology-metals-intel/iluka-resources-quietly-becomes-western-rare-earths-producer/
    Whilst it is focussed on Iluka ( and not posted here for any cross promotion reasons ) , the takeaway is this extract below :
    As ASM shareholders ...it would be hard to bet against the odds , of ILU now closely watching the South Korean JV process .
    One of the likely reasons for the recent surge in the ASM price --is the "probability"that there is growing HEAVY INDUSTRY acceptance , that the new "clean technology"being used by the ASM JV ---is a game changer which will become the accepted technology ! Now whether its technology that ILU could use ---is also something to ponder !
    Iluka is now working on a Phase 2 of the Eneabba Project which involves a FS investigating techniques to purify the monazite to an 80% concentrate for sale further down the value chain. The early CapEx estimate for Phase 2 is $20–40m, but this is subject to change as the FS advances.

 
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