On February 11, 2021, Strategic Materials Australia (ASM) announced that its pilot plant in South Korea, Ziron Tech, produced NdFeB magnetic powder, which was processed by Korea Rare Metals Corporation (Kiram) and successfully produced two kilograms of pre-sintered permanent magnets. David Woodall, ASM Managing Director, said: "This achievement is due to the incredible collaboration between Ziron Tech and Kiram."This shows that our integrated business model -- being both a miner and a metals producer on the Dubbo project -- is in line with the Korean government's 'green' initiative."
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