MEMBER NEWS: ASM Receives $923M for the Dubbo Project

AKBC congratulates our Accelerate member Australian Strategic Materials (ASM) on their funding from the Export-Import Bank of the United States (US EXIM) up to US$ 600M (A$ 923M) for the construction and execution of the Dubbo project. The Dubbo Project will develop and expand reliable, responsible and secure global access to critical minerals.

ASM is operating a Korean Metals Plant (KMP) in Ochang, South Korea which is already producing neodymium and neodymium iron boron alloys for EV and wind turbines. The collaboration of ASM and Korea allows ASM to control the entire supply chain outside China.

🇦🇺🇰🇷 AKBC has a Critical Minerals sub-committee. If you are interested in joining the sub-committee, please contact us at info@akbc.com.au 🇦🇺🇰🇷

Read more below 👇:
https://www.australianmining.com.au/dubbo-rare-earths-gets-1b-boost/

#minetometals #criticalmetals #collaboration #ASM #KMP