Latest Australian Strategic Materials (ASX:ASM) News

Australian Strategic Materials (ASM) has announced an underwritten share purchase plan to raise up to A$3 million, supporting its advancing Dubbo Project and ramp-up of the Korean Metals Plant. The company also outlines ambitions for a US metals facility amid strong government backing and strategic partnerships.

Australian Strategic Materials has initiated a $3 million underwritten Share Purchase Plan to accelerate its US metallisation expansion and boost capabilities at its Korean Metals Plant, signaling a strategic push amid shifting global supply dynamics.

Australian Strategic Materials has refinanced its Korean Development Bank loan, enhancing financial flexibility to accelerate its Korean Metals Plant operations.

Australian Strategic Materials has successfully refinanced its ₩3 billion loan with Hana Bank, extending repayment to May 2026 and bolstering financial flexibility for its Korean Metals Plant operations.

Australian Strategic Materials (ASM) outlines progress on its Korean Metals Plant ramp-up, strategic plans for a US metals facility, and conditional funding support for the Dubbo Project, reinforcing its mine-to-metals supply chain ambitions.

Santos Limited’s 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet the company delivered a solid $1.224 billion net profit while making significant strides in carbon capture and storage and emissions reduction.

Australian Strategic Materials (ASM) has secured a $5 million federal grant to accelerate its Dubbo Project, progressing rare earth recovery innovations while navigating a complex global market landscape.