As the push for secure critical mineral supply chains continues to gain momentum, ASM is positioning itself at the forefront of this global transformation. In a recent interview at PDAC 2025, ASM Managing Director and CEO Rowena Smith, shared updates about the Company’s next phase of growth – a potential new metals plant in the United States.
With ASM’s established Korean Metals Plant already supplying high-purity NdPr and NdFeB magnet metals and alloys, Rowena signalled ASM’s intentions to replicate this capability in the US. Discussions are well underway and, on her recent trip to North America, Rowena confirmed that the Company has submitted a whitepaper to the Department of Defense for potential funding for the project.
However, for ASM’s metals plants to operate at full capacity, feedstock security is key—and that’s where the Dubbo Project comes in. This world-class resource will provide both light and heavy rare earths, making it a crucial part of the solution to build an alternative supply chain.
The US government’s renewed focus on securing domestic rare earth supply chains presents a significant opportunity. With growing interest from both public and private sectors, ASM’s integrated mine to metals strategy positions it as a key player in building a resilient, sustainable supply chain for the future.
Get all the latest updates in the interview with Investor News, below: