The Australian Strategic Materials Limited (ASX: ASM) share price is rocketing on the ASX as of late.
After listing on the ASX in late July late year, the company’s share price has since risen an impressive 306%.
Currently, the emerging critical mineral manufacturer’s shares are trading for $5.14, 2.3% higher than yesterday’s closing price.
We take a deep dive into what’s been driving the Australian Strategic Materials share price lately.
What does Australian Strategic Materials do?
Australian Strategic Materials produces specialty metals and oxides for advanced technologies and owns 100% of its Dubbo Project.
The Dubbo Project is ready for construction, with all approvals and licences in place. It will process zirconium,…