Australian Strategic Materials Ltd (AU:ASM) has released an update.
Australian Strategic Materials Ltd (ASM) has received a Letter of Interest from Export Development Canada for a debt financing package of up to A$400 million for the Dubbo Project, complementing previous support from Export Finance Australia and US EXIM totaling A$1.123 billion. This marks significant North American interest in the project, highlighting its potential as a secure source of critical minerals, with ongoing due diligence and funding discussions continuing.
For further insights into AU:ASM stock, check out TipRanks’ Stock Analysis page.