Australian Strategic Materials Ltd (ASX:ASM)'s David Woodall speaks to Proactive following news of a conditional exclusive framework agreement which sees a consortium of South Korean investors subscribe for a 20% equity interest in the Dubbo project along with offtake from the company's Korean Metals Plant.They'll invest US$250 million in the project's holding company Australian Strategic Materials (Holdings) Ltd (ASMH) and it will include provision for a 10-year offtake agreement for up to 2,800 tonnes per annum of neodymium-iron-boron alloy from the Korean Metals Plant (KMP).
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Andrew brings a wealth of experience to the Proactive team with over 15 years’ experience in television reporting and presenting with the likes of Thomson Reuters, Sky News and ITV. Andrew holds a Bachelor of Science in Mathematics and Statistics from the University of Auckland and has vast experience in analysis and reporting on global markets, derivatives, equities and commodities. Read more
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FOR OUR FULL DISCLAIMER CLICK HEREAustralian Strategic Materials details key investment and offtake deal for Dubbo project
Published: 07:47 26 Jul 2021 AEST