Australian Strategic Materials (ASM) was honoured to participate in the Quad Business Roundtable on Critical Minerals held in Washington DC on the sidelines of the Quad Foreign Ministers’ Meeting on 1 July 2025.
The meeting brought together government and industry leaders from Australia, the United States, India and Japan to discuss shared challenges and opportunities in securing reliable, transparent and diversified critical minerals supply chains. ASM joined a select group of Australian companies, including BHP and Lynas Rare Earths, in representing Australia’s capabilities and commitment to allied collaboration in this strategically vital sector.
In their joint statement, the US Secretary of State and Foreign Ministers of Australia, India and Japan formally announced the Quad Critical Minerals Initiative – an expanded partnership focused on securing the supply chains essential to defence, clean energy, and advanced manufacturing. The statement reinforced concerns about overreliance on single-country processing and highlighted the economic and national security risks of constrained or manipulated supply.
ASM’s Managing Director and CEO Rowena Smith said ASM’s presence at the industry roundtable reflected its growing role in international efforts to build resilient rare earth supply chains.
“With a rare earths project in Australia, operating metallisation capability in South Korea and a potential expansion in the United States, ASM is uniquely positioned to contribute to this strategic imperative. It was a privilege to contribute to this important conversation and we welcome the Quad’s commitment to move from principles to coordinated action.”
Rowena Smith
ASM’s vertically integrated mine-to-metals model offers a uniquely transparent and secure pathway for magnet rare earths. This is further supported by recent work under the Rare Earth Options Assessment (REOA), which is exploring a simplified, lower-capital development strategy for the Dubbo Project focused on the early delivery of high-purity light (neodymium and praseodymium) and heavy (dysprosium and terbium) rare earth oxides.