Quarterly Activities Report to 31 March 2023

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