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bluesamurai

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22/08/23

08:18

Post #: 69467832
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Originally posted by bluesamurai: ↑

agreement."Complementary competencies"“It is not often that you find a potential partnership in which the strategic advantages and core competencies of each party are so complementary,” Blackstone Minerals managing director Scott Williamson said.“For Blackstone, a potential move into rare earths in Vietnam aligns with our Technology Mineral strategy and is synergistic to our Ta Khoa Project and our existing relationships in the EV industry."For VTRE, teaming up with Blackstone gives VTRE access to our extensive knowledge in ESG management, mining, minerals processing and refining; for ASM, it is a great opportunity to extend their relationship with VTRE and to progress their vision of full vertical integration in critical minerals.“With this MoU, Blackstone, VTRE and ASM will progress discussions with the view of potentially establishing a world-leading fully integrated rare earths business.”Blackstone has also engaged with several electric vehicle car manufacturers, which have shown interest in securing REEs for their company’s supply chains.While BSX remains focused on its Ta Khoa nickel refinery development, the MoU offers an opportunity to develop relationships and explore long-term supply and manufacturing opportunities.“Glad to see Australian and Vietnamese companies partnering together to form new critical minerals supply chains,” Australian Ambassador to Vietnam Andrew Goledzinowski said.“Both countries are playing a role in diversifying and de-risking the availability of rare earth elements.“This agreement leverages Australia’s world-leading regulatory frameworks for mining and resources, and Vietnam’s abundant labour supply and strong manufacturing base.” QUOTE
Strong alliances being built for the long term future of the company IMO.

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Related article/video

https://investorintel.com/critical-minerals-rare-earths/redefining-rare-earths-supply-chain-a-conversation-with-asms-rowena-smith/

ASM Price at posting: $1.42 Sentiment: Buy Disclosure: Held
11 Upvote

3 Great analysis

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Last 54.0¢		Change 0.000(0.00%)		Mkt cap ! $97.91M

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Relevant Media, page-2814

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Relevant Media, page-2814

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