Australian Strategic Materials Ltd (ASM.AX)
Australian Strategic Materials Ltd operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $1.24, up 4.22% on the session, giving a market capitalisation of $335.6M. Its beta of 1.73 implies it has historically moved more than the broad market.
Australian Strategic Materials Ltd (ASM) is an integrated Australian-based producer specializing in critical metals essential for advanced and environmentally conscious technologies. A key asset is the company's interest in the Dubbo Project, located in central-western New South Wales, which boasts reserves of light and heavy rare earth elements, zirconium, niobium, and hafnium. ASM also develops and manages a Korean metals plant, responsible for converting various oxides into high-purity metals, alloys, and powders. The firm, founded in 2000, was formerly known as Australian Zirconia Holdings Pty Ltd until its rebranding to Australian Strategic Materials Ltd in March 2020. Its headquarters are situated in West Perth, Australia.
Australian Strategic Materials Ltd is most often compared with the following Basic Materials names: