ASM 0.00% $1.01 australian strategic materials limited

Morrison 10 year plan on rare earth, page-33

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    I can see what you are saying but i was talking about de risking the first plant.

    The material for titanium won't go into one big processing unit. It will be made of a number of individual units. I like this as it de risks the whole process. The CEO seemed to like the idea as well because he mentioned it. It will be the same for the other metals as well from what he was saying.

    The other advantage which i picked up from the videos is that they don't have to wait for the whole plant to be finished 100% before they start producing. They can start producing from each individual unit when the unit is fully completed. That way there will be a progressive startup of production from the new plant in the second quarter 2022. At least that is the way i understood it.

    The zirconium you are talking about will be supplied from Dubbo through their pilot plant in NSW i assume but it will likely only be small amounts at this stage for the plant construction.

    All the best and i am sure we are on the same thoughts and very positive about ASM.




 
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