Australian Strategic Materials (Holdings) Ltd
ASX:ASM

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Australian Strategic Materials (Holdings) Ltd Logo
Australian Strategic Materials (Holdings) Ltd
ASX:ASM
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Price: 0.705 AUD 1.44% Market Closed
Market Cap: 189m AUD

Australian Strategic Materials (Holdings) Ltd
Investor Relations

Australian Strategic Materials Ltd. is an emerging integrated producer of critical metals for advanced and clean technologies. The company is headquartered in Perth, Western Australia. The company went IPO on 2020-07-30. The firm develops the Dubbo Project. The Dubbo Project represents an in-ground polymetallic resource of zirconium, rare earths, niobium, hafnium, tantalum and yttrium. The Dubbo Project is located near the village of Toongi, approximately 25 kilometers south of Dubbo in Central Western New South Wales, Australia. The firm focuses to produce a suite of zirconium, praseodymium, neodymium, niobium and hafnium materials in the form of chemicals, powders and metals. The company operates a plant in South Korea, which produces titanium, neodymium, praseodymium and dysprosium metal.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
May 6, 2025
AI Summary
Q1 2025

Market Opportunity: Global demand for rare earths and critical minerals is rising faster than supply, creating a forecasted deficit and increased urgency for alternative supply chains.

China Supply Risk: Recent Chinese export restrictions on rare earth magnets and alloys have increased market volatility and motivated global customers to seek alternative suppliers.

Korean Metals Plant: ASM’s facility in Korea is operating with 1,300 tonne per annum capacity, with plans to expand to 3,600 tonnes for an additional $8 million in CapEx.

US Expansion: ASM is actively planning a metals plant in the US, targeting 2,000 tonne initial capacity with the goal to expand to 4,000 tonnes, and is in advanced discussions with multiple states and US government agencies for funding and support.

Dubbo Project Progress: The Australian Dubbo Project is construction-ready with all major approvals, over $1.5 billion in conditional debt support, and ongoing efforts to secure equity funding.

Strong Government Backing: The company has strong support and active discussions with government agencies in Australia, the US, Canada, and Korea, including grant applications and export credit arrangements.

Product Diversification: ASM aims to bring commercial production of heavy rare earth metals (dysprosium, terbium) online in the second half of this year, positioning itself as one of the few non-China producers.

Key Financials
Korean Metals Plant Installed Capacity
1,300 tonnes per annum
Korean Metals Plant Expansion CapEx
$8 million
Korean Metals Plant Cumulative Investment
$60 million
Korean Metals Plant Design Capacity
3,600 tonnes per annum
American Metals Plant Initial Capacity
2,000 tonnes per annum
Dubbo Project Life of Mine
20 years
Dubbo Project Conditional Debt Support
$1.5 billion
Australian Government Grant for Dubbo Project
$5 million
Other Earnings Calls
2025

Management

Ms. Rowena Jane Smith B.Com.
CEO, MD & Director
No Bio Available
Mr. Stephen James Motteram BSc (Ag), C.P.A., Grad Dip Econ, M.B.A., MBA
Chief Financial Officer
No Bio Available
Mr. Christiaan Cornelius Jordaan
Chief Operating Officer
No Bio Available
Ms. Annaliese Eames
Chief Legal & External Affairs Officer
No Bio Available
Mr. Peter Finnimore B.Com., L.L.B.
Vice President Sales & Marketing
No Bio Available
Mr. Dennis William Wilkins B.Bus., AICD, ACIS
Joint Company Secretary
No Bio Available

Contacts

Address
WESTERN AUSTRALIA
Perth
89 Burswood Road, Burswood
Contacts
+61892275677.0
asm-au.com