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Australian Strategic Materials (ASX:ASM,OTC Pink:ASMMF) said it has been awarded AU$5 million under the Australian government’s International Partnerships in Critical Minerals (IPCM) Program. IPCM is an AU$20 million program launched this year to “support early to mid-stage critical minerals projects that contribute to building end-to-end supply chains with Australia’s international partners in the critical minerals sector.” Australian Strategic will use the funds received to support work to identify potential lower-capital and shorter-implementation pathways to rare earths production at its D…

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