Australian Strategic Materials (ASM) has reached an important milestone in its proposed acquisition by Energy Fuels Inc. (NYSE American: UUUU / TSX: EFR) – registering the Scheme Booklet with the Australian Securities and Investments Commission (ASIC) and releasing the document to the ASX. The Scheme Booklet contains everything ASM Securityholders need to make an informed…
Australian Strategic Materials (ASM) has been recognised at the AustCham Korea Australia-Korea Business Awards 2026, taking out the Resources, Minerals and Processing category. The award acknowledges the Company’s achievement in building one of the few rare earth metals and alloys production facilities outside China. The award was accepted in Seoul by Mr Nam-eun Hur, Representative…
Australian Strategic Materials (ASM) has announced a further sale of 60 tonnes of high-purity NdFeB alloy to Noveon Magnetics Inc. (Noveon), the first operational US manufacturer of sintered rare earth magnets. The alloy, produced at ASM’s Korean Metals Plant, will be delivered progressively over six months under an existing supply contract. The sale directly supports…
Australian Strategic Materials (ASM) was delighted to participate at the Noosa Mining Conference in November. ASM Managing Director and CEO Rowena Smith presented the Company’s latest updates, including:
Watch Australian Strategic Materials Managing Director & CEO Rowena Smith present the ASM opportunity at Mines & Money @ IMARC 2025. ASM is building a global rare earths and critical minerals business to provide the high-tech metals needed to solve the challenges of today and the future. Our mine to metals strategy is to extract,…
The 2025 International Mining and Resources Conference (IMARC) in Sydney provided the perfect platform for Australian Strategic Materials (ASM) to engage with the stakeholders driving the future of critical minerals supply. The timing of this year’s event proved particularly significant for ASM. With our successful $55 million capital raise and the US-Australian bilateral framework on…
The United States and Australia have announced a landmark critical minerals partnership, committing a combined US$8.5 billion to develop mining, separation and processing projects that will create secure, non-China rare earths supply chains. Watch the full story from the ABC’s The Business programme. Each nation has pledged at least US$1 billion in the next six…
Australian Strategic Materials (ASM) has successfully raised $55 million to double alloy production capacity and advance strategic growth initiatives in the global rare earth supply chain. ASM has completed a strongly supported institutional placement, raising approximately $55 million at $1.20 per share. The capital raising attracted major support from new and existing domestic and international…
Australian Strategic Materials (ASM) has released its 2025 Annual Report, showcasing significant strategic and operational milestones achieved during FY25 that position the Company at the centre of international efforts to build sustainable, alternative rare earth supply chains. The Korean Metals Plant (KMP) demonstrated particularly strong commercial momentum, with multiple product qualification processes completed and advanced…
The momentum around building resilient and secure rare earth supply chains is accelerating in the United States. Chief Operating Officer Chris Jordaan and Chief Legal & External Affairs Officer Annaliese Eames undertook the US site tour in July. ASM has been at the heart of discussions in Washington DC and is proud to be part…