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ASM Accelerates Dubbo Project with $5M Grant and Rare Earth Innovations
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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ASM Accelerates Dubbo Project with $5M Grant and Rare Earth Innovations
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Received initial $5M government grant for Rare Earth Options Assessment
Progressed atmospheric leaching testwork to reduce capital intensity
Delivered NdPr metal and NdFeB alloy to key magnet producers
Maintained strong cash position of $32.6 million at quarter end
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Australian Strategic Materials (ASX:ASM)
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