ASM awards Bechtel NPI study work to progress Dubbo Project

Australian Strategic Materials (ASM) is pleased to announce the award of a consultancy services agreement to Bechtel Australia Pty Ltd (Bechtel) for the provision of engineering services for non-process infrastructure (NPI) study work to support advancing the Company’s Dubbo Project.

This work will contribute to developing capital and operating costs estimates key to ASM making its final investment decision (FID) on the Dubbo Project.

The Dubbo Project site

“We are pleased to confirm this agreement with Bechtel – a trusted partner with extensive experience in this area of work. With federal funding confirmed [for this work] in May, we have progressed in line with our project plan to put the contract in place, commence this important aspect of our early establishment activities and keep us on track for FID by the end of 2024.”

Rowena Smith, ASM Managing Director

Bechtel will commence work immediately, with the term of the contract running until 31 December 2024.