Australian Rare Earths Firm to Select US Plant Site By Year-End

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Australian Strategic Materials Ltd. plans to select a US site for its rare earths plant by year-end, capitalizing on President Trump's support for the sector, which is seen as a counter to China's dominance.

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Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
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80%

Article Context

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Australian Strategic Materials Ltd. aims to choose a location for its planned US rare earths plant by the end of this year, capitalizing on President Donald Trump’s backing for the sector amid growing rivalry with China.

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Original article published by Bloomberg on October 24, 2025.
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