We are pleased to advise our Quarterly Activities Report to 31 March 2023 has been released.
In line with ASM’s strategic business priorities, key activities for the Quarter included:
- Commenced Stage 1 of the Dubbo Project EPC Definition contract with Hyundai Engineering Co. Ltd (HEC)
- Delivered neodymium praseodymium (NdPr) metal production consistently in specification at the targeted daily rate, resulting in a total output of 15.1 tonnes
- Successfully completed commissioning of the strip alloy caster at the Korean Metals Plant and progressed development of customer-specific neodymium iron boron (NdFeB) strip alloys as part of ongoing negotiations of potential sales agreements
- Broadened Dubbo Project and Korean Metals Plant offtake marketing and strategic partner discussions in Europe, Japan and the USA, while continuing discussions in Korea