Quarterly Activities Report to 31 December 2024

ASM has released its 2024 Q4 Quarterly Report. 

Key highlights include:

  • Encouraging results from Rare Earth Options Assessment (REOA) initial leaching testwork.
  • Federal Government grant instalment received to support further REOA development work.
  • Delivery of NdPr metal and NdFeB alloy to rare earth permanent magnet producers.
  • Strong cash flow discipline and closing cash position.

ASM