Australian Strategic Materials Limited (ASX:ASM)
1. About
Australian Strategic Materials (ASX:ASM) was established as the holding company for the Dubbo Project. ASM is focused on producing specialty metals and oxides for advanced technologies.
Located in central-western NSW, ASM’s cornerstone Dubbo Project has a long-term resource of zirconium, rare earths, niobium and hafnium – a globally significant source of these critical materials for a diverse range of emerging and sustainable technologies.
In a joint venture with South Korea’s Zirconium Technology Corporation (ZironTech), ASM is advancing oxide separation and metallisation technologies to create a range of value-added materials from market-available precursors and, ultimately, Dubbo Project outputs. The company's pilot plant is in the final stage of construction in South Korea and production will commence in mid-2020.