ASM 3.51% 59.0¢ australian strategic materials limited

Relevant Media, page-163

  1. 1,403 Posts.
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    Coming across the "information wires " yesterday , was the attached very interesting article concerning the potential use of Niobium in EV batteries , in what could be seen as early days breakthrough technology .
    https://www.metaltechnews.com/story/2021/08/11/tech-metals/niobium-boosts-lithium-battery-potential/645.html
    Whilst the niobium output from Toongi has thus far been seen as a strengthening light weight and heat tolerant metal additive , the last I recall it was seen as providing approx 17% of the Toogni revenue . Not insignificant .
    If this article is the early days introduction of a new niobium usage source , given the other raw material demand , this could add yet another very profitable and interesting chapter to ASM.
    Nice to have a 50 year mine life , isn't it !
    Article has been referred to ASM . for information ..altho I am sure they will be aware of it .
 
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