ASM australian strategic materials limited

http://www.shinailbo.co.kr/news/articleView.html?idxno=1941363[tr...

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    http://www.shinailbo.co.kr/news/articleView.html?idxno=1941363

    [translation]
    One of the projects promoted by the Major Mineral Security Partnership (MSP) as the seven major achievements on September 26 was confirmed to be a project that was changed to be promoted by U.S. companies, excluding Korean companies.Kwon Chil-seung, a member of the National Assembly's Foreign Affairs and Unification Committee, analyzed MSP-related data submitted by the Ministry of Foreign Affairs and related organizations and found that among the 32 projects promoted by MSP, Australia's ASM rare earth mining (Dubbo project) was a project promoted by the U.S. company from March this year, excluding Hyundai Engineering, which carried out the first phase of basic design since June 2022.MSP was launched in March 2022 at the suggestion of the United States to stabilize the core mineral supply chain. Currently, Korea, G7 (USA, Germany, UK, Italy, Japan, Canada, France), Australia, Finland, Sweden, Norway, India, Estonia, and the EU are participating. Korea decided to take the second chairmanship at the recommendation of the United States in March this year, and has been serving as chairman since July 1.According to an official from the Ministry of Foreign Affairs, Australia's ASM rare earth mining project, which was selected as a major achievement in MSP, was also included in 23 pilot projects that discussed policy support in March this year.Rep. Kwon Chil-seung said, "I agree to participate in MSP to stabilize the core mineral supply chain, but when I serve as the chairman in the future, I should focus on the actual national interest through strategic judgment and thorough preparation, not appearance."
 
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