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ASM Advances Korean Plant Ramp-Up and US Expansion Amid Dubbo Funding Boost
3:38am on Monday 2nd of June, 2025 AEST
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Mining
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ASM Advances Korean Plant Ramp-Up and US Expansion Amid Dubbo Funding Boost
3:38am on Monday 2nd of June, 2025 AEST
Key Points
Korean Metals Plant ramp-up targeting 3,600tpa NdFeB alloy with USD 204M annual revenue
Strategic US metals plant planned with capacity up to 4,000tpa and government incentives
Dubbo Project construction ready with ~A$1.5 billion conditional debt funding support
ASM targets carbon net zero emissions and sustainable operations across projects
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Australian Strategic Materials (ASX:ASM)
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