Australian Strategic Materials Limited announced that Managing Director & Chief Executive Officer, Mr. David Woodall, has advised the Board of his intention to step down from both roles, and would be leaving the Company
immediately. In accepting Mr. Woodall's decision, the Board thanked him for his contribution to ASM, particularly or laying the foundations for the Company to take advantage of the global demand for critical metals. During Mr. Woodall's tenure, ASM has delivered a strong Optimisation Study for the Dubbo Project, acquired innovative metallisation technology, constructed its first metals plant in South Korea, and signed an engineering, procurement and construction definition contract with Hyundai Engineering.