Australian Strategic Materials Ltd's (ASX:ASM) (OTCMKTS:ASMMF) Dave Woodall tells Proactive's Andrew Scott they'll soon begin detailed design engineering work on a metals processing plant in Korea following a scoping study that confirmed its economic potential. The Korean Metals plant will initially be used to produce high-purity neodymium iron boron (NdFeB) powder and titanium powder, which can be used to create rare earth permanent magnets, currently in high demand in Korea.
Australian Strategic Materials says scoping study confirms economic potential of Korean plant
