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ASM advances rare earths project with US EXIM’s USD 600M support

Australian Strategic Materials Limited announced the reception of a non-binding and conditional Letter of Interest (LoI) from the Export-Import Bank of the United States (US EXIM), outlining a debt funding package of up to USD 600 million (AUD 923 million) for the construction and execution phase of the Dubbo Project, focusing on rare earths and critical minerals.

Korean Consortium concludes due diligence on ASM’s flagship Dubbo Project

Emerging "mine to manufacturer" producer of critical metals Australian Strategic Materials (ASM) has announced that the consortium of South Korean Investors, comprising Cerritos Holdings,...

ASM-produced alloy to be used in magnet manufacturing

A consortium of Korean investors including Cerritos Holdings, Kamur Partners and ACE Equity Partners recently signed a framework agreement to invest US$250 million (approx....

ASM to build its first metals plant in South Korea’s Ochang foreign investment zone

Australian Strategic Materials (ASX:ASM) has inked a memorandum of understanding (MoU) with the Chungbuk Provincial Government and Cheongju, City Government to locate its first...

Australian Strategic Materials breaks ground on Korean Metals Plant after scoping study confirms feasiblity

Australian Strategic Materials (ASX:ASM) is set to enter the detailed design engineering phase of its Korean Metals Plant (KMP) after completing an internal Scoping...

Korean Institute of Rare Metals confirms quality of ASM’s rare earth permanent magnets

Australian Strategic Materials (AMS) announced that the Korean Institute of Rare Metals (KIRAM) has successfully produced and tested two kilograms of pre-sintered permanent magnets...

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