ASM News: USA Rare Earth Signs Supply Agreement with Australian Strategic Materials - 3rd Aug 2023, 10:55pm

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TAMPA, Fla., Aug. 3, 2023 /PRNewswire/ -- USA Rare Earth, LLC (USARE), a vertically integrated magnet technology company, announced today that it signed a multi-year supply agreement with Australian Strategic Materials Ltd. (ASX: ASM) (ASM), a producer of critical metals for advanced and clean technologies. This agreement secures rare earth metals that will be used as USARE ramps up production of high-performance rare earth magnets. Rare earth magnets are required for technologies ranging from c...

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