Tag: ASX: ASM
ASM advances rare earths project with US EXIM’s USD 600M support
Australian Strategic Materials Limited announced the reception of a non-binding and conditional Letter of Interest (LoI) from the Export-Import Bank of the United States (US EXIM), outlining a debt funding package of up to USD 600 million (AUD 923 million) for the construction and execution phase of the Dubbo Project, focusing on rare earths and critical minerals.
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
