Australia's ASM sees jump in rare earths enquiries amid supply shortage
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 06 2025
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Source: Reuters
Increased Demand for Rare Earth Metals: Australian Strategic Materials has reported heightened customer interest in rare earth metals and alloys from its South Korean facility, following China's export controls on these materials.
Company Growth and Sales: ASM's shares surged nearly 29% as it secured purchase orders from U.S. companies and completed a significant sale to Magnequench, positioning itself as a key alternative supplier amid global supply disruptions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
