Australian Strategic Materials (ASM)

The US Inflation Reduction Act (IRA) and Energy Transition have accelerated collaboration between Australia and the United States in all areas of energy - from critical minerals to oil and gas, wind and solar amongst others. Join us in Perth next Friday 13 September for an unmissable conversation between C-Suite executives whose companies have been working closely with the U.S. Department of Energy (DOE), Export-Import Bank of the United States and United States Department of Defense to progress their critical mineral projects. Learn how your company or clients can do the same through hearing the success stories of Ioneer Ltd., Australian Strategic Materials (ASM) and Jervois Global. Book here to secure your place: https://lnkd.in/g94jRteW https://lnkd.in/g6Q7p5pg

“Australia is ready and willing to meet the growing global demand for critical minerals, and we welcome international investment in key projects across the country.” That was the message from Minister for Trade and Tourism, Senator the Hon Don Farrell when he and Minister for Resources, the Hon Madeleine King MP released the new digital Australian Critical Minerals Prospectus this week. The interactive resource, produced by the Australian Trade and Investment Commission (Austrade), showcases Australia’s investment-ready critical minerals projects that have significant potential to address anticipated production shortfalls, build supply chain security, and deliver progress on a net zero future. ASM is proud to have the Dubbo Project – one of Australia’s most advanced rare earths projects – featured in the prospectus. With a 20-year life of mine, advanced onshore processing, and our established downstream metallisation capability in Korea, ASM is uniquely capable of adding value across emerging #criticalminerals supply chains. You can access the interactive prospectus, here: https://lnkd.in/gKSV4xhE

The Australia-Korea relationship is crucial for critical metals… This week, ASM participated in a Critical Minerals Roundtable discussion alongside Minister for Resources the Hon Madeleine King, Minister for Trade and Tourism the Hon Don Farrell, the Republic of Korea’s Minister for Trade Dr Cheong In-kyo, and a select number of industry leaders from #Australia and #Korea, all seeking to strengthen ties and grow opportunities between the two nations. The roundtable formed part of the 45th Joint Meeting of the Australia-Korea Business Council and Korea-Australia Business Council #JM45 - a three-day event addressing the most recent advancements in the evolving bilateral relationship. Held in Perth, the roundtable was an opportunity for our Managing Director Rowena Smith to progress conversations with potential Korean customers, investors and government officials as we continue to build our mine to metals business. Our Korean Metals Plant has been operational since 2022 and is now ramping up production of light rare earth metals and alloys (#NdPr #NdFeB) - the vital ingredients for the high-performance magnets used in a host of advanced technologies and sustainable energy solutions. ASM is building this downstream metallisation capability to support an emerging magnet manufacturing market - a key part of the critical metals supply chain that Korea is looking to develop. Our KMP team was proud to showcase this capability when Minister Cheong toured the facility earlier this year. ASM is committed to building its position in Korea and is grateful to the #AKBC for facilitating these valuable engagements. #rareearths #criticalminerals #criticalmetals #minetometals #partnership #collaboration

Innovation. Collaboration. Education. This year’s AusIMM Critical Minerals Conference brought together industry, government and academia to tackle some of the major challenges and opportunities currently facing our sector – with innovation, collaboration and education at the heart of many of the solutions. For the Australian Strategic Materials (ASM) team, we had the opportunity to participate in a number of conversations, present the ASM story and reconnect with a host of key stakeholders at the ASM sponsored Networking Lounge. #CriticalMinerals2024 showcased why Australia has a crucial role to play in the development of alternative critical mineral supply chains - and at ASM we’re excited to be part of that opportunity! #criticalminerals #rareearths #minetometals #collaboration #partnership #innovation #education

The development of the Central-West Orana Renewable Energy Zone #REZ is a major opportunity for NSW and for Australian Strategic Materials (ASM) as we develop our rare earths and critical minerals Dubbo Project in the region. According to the NSW Government, the REZ will initially unlock at least 4.5 gigawatts of new network capacity by the late-2020s. It’s another compelling component of the sustainable, energy transition story that ASM is excited to be part of! #renewables #energytransition #netzero

Cross-jurisdiction collaboration is key to building alternative critical mineral supply chains. That was the message that came across loud and clear in keynote presentations from Rowena Smith, Managing Director of Australian Strategic Materials (ASM) and Reta Jo Lewis, Esq., President and Chair of Export-Import Bank of the United States, on day one of the 2024 AusIMM Critical Minerals Conference. ASM has been working with EXIM on opportunities to fund its cornerstone rare earths and critical minerals #DubboProject, having announced a conditional $US600 million debt funding package earlier this year. The funding is linked to the potential US equipment, goods and services to be supplied in the construction phase of the Dubbo Project. “We recognise that demand for critical minerals is growing and it is critical that we work together to identify secure sources of these minerals so we can count on them for national security and vital infrastructure applications,” Chair Lewis told over 700 delegates in Brisbane. Learn more: https://lnkd.in/gk37eKwi #partnership #collaboration #criticalminerals #rareearths #minetometals #CriticalMinerals2024

#ICYMI Check out Rowena Smith presenting the latest Australian Strategic Materials (ASM) updates at the 2024 Diggers & Dealers Mining Forum. Learn more about: 🧲 Validation processes we’re working through with new #magnet producers at our Korean Metals Plant; 🤝 Progress we’re making with oxide providers in the US, Europe and Australia; and 💡 Successful optimisation work we’ve conducted on the Dubbo Project flowsheet to potentially reduce capex and opex costs. #rareearths #criticalminerals #criticalmetals #minetometals

One week until the AusIMM Critical Minerals Conference kicks off in Brisbane! Our Managing Director & CEO Rowena Smith will be delivering her keynote presentation on day 1 - part of the Supply Chain Drivers session. Learn how ASM is positioning itself to support an alternative rare earths and critical minerals supply chain and why a partnership-led approach is integral to its success. #rareearths #REEs #criticalminerals #criticalmetals #minetometals #AusIMM

Our #DubboProject and Toongi Pastoral Company teams were delighted to host delegates from this year's Resources, Energy & Industry Innovation Forum (#REIIF) in Dubbo. The site visit provided us with an opportunity to explain more about what our globally significant #rareearths and #criticalminerals project will bring to the region, and showcase the innovative #biodiversity work we're conducting on the surrounding land.

Diggers & Dealers done! Australian Strategic Materials (ASM) Managing Director & CEO Rowena Smith had plenty to update delegates on at the 2024 Diggers & Dealers Mining Forum this week. A lot has happened since we were last in #Kalgoorlie, with some great highlights: 💰 securing >A$1 billion conditional debt funding from US and Canadian export credit agencies 💡 successful results demonstrating potential for optimisation and lower cost pathways for our Dubbo Project; and 🤝 progressing commercial sample sales of NdFeB from our Korean Metals Plant in support of technical validation for new customers. And there’s plenty more opportunities ahead…You can watch Rowena’s full presentation below, courtesy of the Diggers & Dealers YouTube channel: https://lnkd.in/gmK-smab #rareearths #REE #criticalminerals #minetometals #DubboProject