ASM sells magnet metals from its metals plant
Rare earths and metals producer Australian Strategic Materials has announced a strategic partnership with US based rare earth magnet manufacturer Noveon Magnetics Inc. ASM, which is developing the Dubbo rare earths project in NSW, will supply Noveon with neodymium iron boron (NdFeB) alloy needed to make permanent magnets from ASM’s Korean Metals Plant (KMP). Ores…