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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.

VTRE to supply ASM’s KMP with rare earth oxide

Australian Strategic Materials (ASM) has inked a binding agreement with Vietnam Rare Earth Company (VTRE) for the purchase of rare earth oxides from Vietnam for use as feedstock at ASM's Korean Metals Plant (KMP).

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...

Major Project Status awarded to WA rare earths project

A new Western Australian rare earths facility has been granted a Major Project Status by the Morrison Government. Located near Kalgoorlie, the Mt Weld Rare...

Critical minerals projects to be prioritised under CRC’s latest funding round

The Federal Government has opened Round 7 of the Cooperative Research Centres Project (CRC-P) grants program which provides industry-led collaborations with short term matched...

NSW Minister for Resources and Energy inspects high-tech minerals facilities

The Australian Nuclear Science and Technology Organisation (ANSTO) has welcomed the New South Wales Minister for Resources and Energy Anthony Roberts on a tour...
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