Australian Strategic Materials LTD (ASX: ASM)
Sector: Materials
Australian Strategic Materials Limited is developing a vertically integrated rare earths and critical minerals supply chain, focusing on mining, separation, and metallisation. The company’s key assets include the Dubbo Project in Australia for light and heavy rare earth extraction and the Korean Metals Plant, which produces neodymium-praseodymium metal and neodymium-iron-boron alloy. ASM is currently ramping up production at its processing facility and advancing pre-feasibility studies for the Dubbo Project while pursuing an acquisition by Energy Fuels Inc to expand its Western-based mine-to-metal capabilities.
Data as of 30 June 2026.
Recent capital raises
Substantial holders — latest moves
| Date | Holder | Move | Holding | Source |
|---|---|---|---|---|
| 18 Mar 2026 | Morgan Stanley International Holdings Inc. and its Subsidiaries listed in Annexure A | Decrease | 8.01% → 6.15% | Filing ↗ |
| 13 Mar 2026 | JPMorgan Chase & Co. and its affiliates | Entry | ?% → 5.15% | Filing ↗ |
| 11 Feb 2026 | Kryger Capital Limited | Entry | — | Filing ↗ |
| 2 Feb 2026 | The Goldman Sachs Group, Inc. (on behalf of itself and its subsidiaries) | Entry | ?% → 5.310% | Filing ↗ |
| 30 Jan 2026 | Mitsubishi UFJ Financial Group, Inc. | Increase | 6.87% → 8.01% | Filing ↗ |
Cash and runway
Ask about ASM in Claude or ChatGPT
Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:
- Has ASM raised money in the last year, and at what discount?
- What was ASM's latest cash position and runway?
Loading ASM…