Why is Australian Strategic Materials (ASX:ASM) share price higher today?
Kerry Sun | April 29, 2021 10:52am |
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Australian Strategic Materials Ltd(ASX: ASM) share price has nudged 1% higher on Thursday after the company released its March quarterly activities report.
Australian Strategic Materials is an integrated materials business and emerging ‘mine to manufacturer’ producer of critical metals. The company owns the Dubbo project in NSW, a proven long-term resource of rare earths.
Currently, the company is developing its metallisation plant in South Korea to produce a range of high-purity metals and alloys.
At the time of writing, the share price has retreated slightly to $4.82, up 0.84%.