Australian Strategic Materials Ltd (ASM) Australian Strategic Materials Ltd (ASM) are an emerging producer of critical metals for advanced and sustainable technologies, founded in 2000 and based in Perth, Australia. ASM operate in the mid-stream of the rare-earth metals supply chain with a 'from mine to metals' business model. ASM extract, refine and manufacture high-purity metals, alloys and powders to sell to advanced materials manufacturing customers. Australian Strategic Materials Ltd (ASM)