Australian Strategic Materials Says Near-Term Focus on Growing Customers, Sales Pipeline at Korean Metals Plant; Shares Fall 5%

MT Newswires Live01-30

Australian Strategic Materials (ASX:ASM) said that its near-term focus is firmly on growing the customers and sales pipeline for the Korean Metals Plant, according to a Friday filing with the Australian bourse.

The company has started and is progressing with product and capacity expansion at the plant, the filing said.

It also plans to start detailed planning of the integration of the Dubbo project in New South Wales within the broader Energy Fuels group, the filing added.

Earlier this month, the company said that it entered into a binding scheme implementation deed with Energy Fuels under which the New York Stock Exchange-listed firm will potentially acquire the company via a court-approved scheme of arrangement.

Shares of the company fell 5% in recent Friday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2607406396?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-30 08:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2607406396","market":"fut","top_or_hot":-1,"title":"Australian Strategic Materials Says Near-Term Focus on Growing Customers, Sales Pipeline at Korean Metals Plant; Shares Fall 5%","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/ASMNA.AU\">Australian Strategic</a> Materials (ASX:ASM) said that its near-term focus is firmly on growing the customers and sales pipeline for the Korean Metals Plant, according to a Friday filing with the Australian bourse.</p><p>The company has started and is progressing with product and capacity expansion at the plant, the filing said.</p><p>It also plans to start detailed planning of the integration of the Dubbo project in New South Wales within the broader Energy Fuels group, the filing added.</p><p>Earlier this month, the company said that it entered into a binding scheme implementation deed with Energy Fuels under which the New York Stock Exchange-listed firm will potentially acquire the company via a court-approved scheme of arrangement.</p><p>Shares of the company fell 5% in recent Friday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australian Strategic Materials Says Near-Term Focus on Growing Customers, Sales Pipeline at Korean Metals Plant; Shares Fall 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralian Strategic Materials Says Near-Term Focus on Growing Customers, Sales Pipeline at Korean Metals Plant; Shares Fall 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-01-30 08:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/ASMNA.AU\">Australian Strategic</a> Materials (ASX:ASM) said that its near-term focus is firmly on growing the customers and sales pipeline for the Korean Metals Plant, according to a Friday filing with the Australian bourse.</p><p>The company has started and is progressing with product and capacity expansion at the plant, the filing said.</p><p>It also plans to start detailed planning of the integration of the Dubbo project in New South Wales within the broader Energy Fuels group, the filing added.</p><p>Earlier this month, the company said that it entered into a binding scheme implementation deed with Energy Fuels under which the New York Stock Exchange-listed firm will potentially acquire the company via a court-approved scheme of arrangement.</p><p>Shares of the company fell 5% in recent Friday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"标普/澳交所 300指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2607406396","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607406396","pubTimestamp":1769734227,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Australian Strategic Materials  said that its near-term focus is firmly on growing the customers and sales pipeline for the Korean Metals Plant, according to a Friday filing with the Australian bourse.The company has started and is progressing with product and capacity expansion at the plant, the filing said.It also plans to start detailed planning of the integration of the Dubbo project in New South Wales within the broader Energy Fuels group, the filing added.Earlier this month, the company said that it entered into a binding scheme implementation deed with Energy Fuels under which the New York Stock Exchange-listed firm will potentially acquire the company via a court-approved scheme of arrangement.Shares of the company fell 5% in recent Friday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","CUBI":"Customers Bancorp Inc.","XJO.AU":"标普/澳交所 200指数"},"translate_title":"澳大利亚战略材料公司表示，近期重点关注不断增长的客户、韩国金属工厂的销售渠道；股价下跌5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XAO.AU":1.5,"XJO.AU":1.5,"XKO.AU":1.5,"CUBI":1.5},"content_text":"Australian Strategic Materials (ASX:ASM) said that its near-term focus is firmly on growing the customers and sales pipeline for the Korean Metals Plant, according to a Friday filing with the Australian bourse.The company has started and is progressing with product and capacity expansion at the plant, the filing said.It also plans to start detailed planning of the integration of the Dubbo project in New South Wales within the broader Energy Fuels group, the filing added.Earlier this month, the company said that it entered into a binding scheme implementation deed with Energy Fuels under which the New York Stock Exchange-listed firm will potentially acquire the company via a court-approved scheme of arrangement.Shares of the company fell 5% in recent Friday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607406396","isCrawlerRequest":true}