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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.
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Australian Manufacturing Week 2026 enters final run-up to Brisbane debut

Australia’s manufacturing sector continues to play a critical role in the national economy, underpinned by ongoing investment in advanced technologies, automation, and high-value production.