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Recognising its key role in the supply of value-added critical metals from its Korean Metals Plant, Australian Strategic Materials Ltd (ASX:ASM) has formed...
Australian Strategic Materials Ltd said on Tuesday it had agreed to sell neodymium iron boron alloy from its Korean metals plant to U.S.-based rare-earth magnet maker Noveon Magnetics Inc, sending its shares up by more than a quarter.
ASX-listed Australian Strategic Materials (ASM) has partnered with US rare earth magnet manufacturer Noveon Magnetics Inc, signing a sales agreement for neodymium iron boron (NdFeB) alloy from the Korean Metals Plant (KMP). The agreement provides for the sale of 100 t of NdFeB alloy from the KMP, to be delivered to Noveon in accordance with an agreed schedule during the period up to the end of March 2024, at a fixed price per tonne.
MELBOURNE (Reuters) -- Australian Strategic Materials said on Tuesday it had agreed to sell neodymium iron boron alloy from its South Korean metals pl
Australian Strategic Materials Ltd (ASX:ASM) (Australian Strategic Materials Ltd (ASX:ASM)) CEO Rowena Smith tells Proactive the company has secured an...