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ASM receives A$5M Federal Government grant for Rare Earth Production at Dubbo Project

Oct 15, 2024over 1 year ago

Contract Type

agreement

West PerthMining

Description

Australian Strategic Materials Limited (ASM) has been awarded A$5 million under the Australian Federal Government's International Partnerships in Critical Minerals (IPCM) Program. The grant funding will be used to support work to identify potential lower capital and shorter implementation pathways to rare earth production at the Company's Dubbo Project in New South Wales. The grant is part of the Australian Federal Government's initiative to grow end-to-end supply chains with international partners.

Company Information

Company

Australian Strategic Materials Limited

Location

West Perth, Ontario, Canada

About

Australian Strategic Materials Limited is a leading producer of rare earth metals and alloys. The company is focused on developing a secure and sustainable supply chain for critical materials. ASM is committed to environmentally responsible mining operations. It is listed on ASX.

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