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 released its Quarterly Activities Report for the period ending 31 March 2026. Highlights
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) is pleased to announce that it has entered into a binding Scheme Implementation Deed (SID) with Energy Fuels Inc. (NYSE: UUUU; TSX: EFR) (Energy Fuels) under which it is proposed that Energy Fuels will acquire 100% of the issued share capital of ASM by way of a court-approved Scheme of Arrangement…
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…
In 2025, Australian Strategic Materials (ASM) has gone from momentum to delivery. At a time when geopolitics is driving a seismic shift in the rare earths sector, ASM’s mine to metals strategy has never been more critical. At our 2025 Annual General Meeting (AGM), ASM Chair Ian Gandel conducted the formal business of the meeting,…
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:
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…
Australian Strategic Materials (ASM) has released its Quarterly Activities Report for the period ending 30 September 2025, reporting increased production at the Korean Metals Plant (KMP) and major progress across its mine to metals strategy. Key highlights include: Post-quarter, ASM secured firm commitments to raise a further A$55 million to fully fund Phase 2 expansion…
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…