Following a recent site visit to ASM’s Korean Metals Plant (KMP), MST Financial Research Analyst Chris Drew has published an updated research paper highlighting the significance of our proven rare earth metallisation capability.
Chris highlights three key factors driving an increased share price valuation of A$2.28:
- Accelerating customer sales at the KMP;
- Strategic opportunities building with potential supply chain partners; and
- A successful capital raise providing the funds to increase metal and alloy production capacity at KMP.
As outlined in the MST Access Investment thesis; the world needs solutions that ASM can deliver.
“ASM is particularly well placed to take advantage of strengthening rare earths markets, a forecast deficit in alloy production, and western support to diversify the rare earths supply chain away from China. Expansion of its metallisation facility in Korea and plant duplication in the US, leverages off its established capabilities at a time when the west is seeking such solutions. With its downstream capabilities sitting alongside the Dubbo Project, ASM is positioned to become an important integrated supplier of rare earths metals and alloys.”
MST Access Research
