Startup · $327m raised
Every investor coverage indicates participated in a round Australian Strategic Materials raised.
| Investor | Rounds | Invested |
|---|---|---|
| ACE Equity Partners LLC | Unnamed stage | - |
| Cerritos Holdings Co., Ltd | Unnamed stage | - |
| Polo Equity Partners LLC | Unnamed stage | - |
Companies Australian Strategic Materials acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Chris Jordaan | Chief Operating Officer | @AuManufacturing |
| David Woodall | Managing Director | @AuManufacturing (Wed 18 May 2022), @AuManufacturing (Mon 29 Mar 2021), @AuManufacturing (Thu 11 Jun 2020) |
| Rowena Smith | Managing Director | @AuManufacturing (Tue 15 Oct 2024), @AuManufacturing (Mon 16 Oct 2023) |
Stories naming Australian Strategic Materials. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australia's federal government has awarded Australian Strategic Materials a $5 million grant, via its International Partnership in Critical Minerals program, to assess nearer-term rare earth production options for the company's Dubbo Project in NSW.
AuManufacturing's briefs roundup records Electro Optic Systems' completed $35 million placement and Environmental Clean Technologies' completed $1.5 million placement, alongside Incat's best-managed-company award, Osteopore's approvals in two Asian markets, and GLAM applications opening.
Manufacturing briefs roundup: LBT Innovations launches a $4.5m shareholder offer, AnteoTech collects a $3.77m research tax payment, with updates from Pact, Evnex, First Graphene, Austal, ASM and the University of Adelaide's space course.
Also @AuManufacturing
Manufacturing roundup covering Nufarm's half-year profit rise, a $6.5m federal grant for Australian Strategic Materials, SciDev's $9.5m contract win, DroneShield's final order payment, and new government industry strategy and technology list updates.
Lynas's American subsidiary has received roughly US$120 million from the US Defense Department to cover construction of a Texas plant processing heavy rare earths, part of a trend of offshore processing by Australian producers.
Korean backer KCF Energy agreed a US$15 million equity investment in rare earths producer Australian Strategic Materials, building on the consortium's 2021 US$250 million commitment, with a neodymium-praseodymium offtake deal and Hyundai design work underway.
Australian Strategic Materials has secured $65 million in investor commitments to advance its Dubbo rare earths project and a Korean metals plant, while an entitlement offer seeking further funds remains open to shareholders.
Also @AuManufacturing
Australian Strategic Materials received US$4.5 million in South Korean government grants for its refining technology, and is advancing its Dubbo rare earths project with plans for domestic downstream processing and magnet manufacturing.