ASM has received strong support from high-quality existing and new international and domestic institutional investors to raise A$13 million under an institutional placement (Placement). The Placement adds to our recently completed and oversubscribed Share Purchase Plan (SPP), delivering a total of A$24.9 million before costs. “We are delighted with the positive response to our top-up…
ASM has released its 2025 Q2 Quarterly Report. Key highlights include:
ASM’s Share Purchase Plan (SPP) has closed substantially oversubscribed, raising A$11,862,000 million and well exceeding the target amount of A$3 million. The Directors have elected to accept the oversubscription amount. The decision followed extremely strong demand for the SPP Offer and reflects the Company’s commitment to its supportive retail shareholders. The additional funding enables ASM…
Australian Strategic Materials (ASM) has reached a significant milestone with its first commercial sale of heavy rare earth metals, marking a breakthrough in the Company’s advanced metallisation capabilities at the Korean Metals Plant. The landmark sale included 2 kilograms each of terbium (Tb) and dysprosium (Dy) metals to Magnequench, a subsidiary of global materials leader…
Australian Strategic Materials (ASM) was pleased to participate in the opening panel discussion at Future of Mining (FoM) 2025: 2030 Net Zero – Ambitious goal or already out of reach? ASM’s Vice President, Risk & Sustainability, Agata Carrabs, joined fellow panellists David Parker, Executive Director, Minerals Council of Australia, Tzila Katzel, Head of Sustainability, Sandfire…
Heap Leach Scoping Study outlines strategic first phase to accelerate supply of rare earth materials restricted under Chinese export controls Australian Strategic Materials (ASM, the Company) has released the outcomes of its Heap Leach Scoping Study, marking a pivotal advancement in the Company’s development strategy for the Dubbo Project in central-west New South Wales. This…
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…
New equity research from MST Access outlines why ASM is a strategic investment opportunity, uniquely placed to deliver rare earths supply solutions outside of China. With our established Korean Metals Plant, US expansion plans, and a refreshed Dubbo Project development pathway, Metals & Mining Analyst Chris Drew values ASM at A$2.09 per share, citing scalable…
Australian Strategic Materials (ASM) has reported encouraging results from heap leach metallurgical testing at the Dubbo Project as part of its Rare Earth Options Assessment (REOA). Key highlights These results add to ASM’s confidence in a potential phased development approach, starting with a simple, low-cost heap leach process to produce separated rare earth oxides. “The…
Australian Strategic Materials (ASM) is seeing growing commercial interest in rare earth metal and alloy products from its Korean Metals Plant (KMP), with confirmed sales to magnet manufacturers in the United States and Europe. ASM has recently concluded the following binding sales purchase orders: In addition, ASM has delivered 100kg of commercial alloy samples to…