Australian Strategic Materials completes acquisition of Ziron Tech

SYDNEY: Australian Strategic Materials (ASM) has successfully completed the acquisition of 95% of its joint venture partner Ziron Tech, and through the acquisition now owns Ziron Tech’s patented low emission, high purity metal-refining technology and the pilot plant in Korea. ASM Managing Director, David Woodall said: “We welcome the Ziron Tech team to ASM. This…

Australian Strategic Materials agrees to acquire 95% of ZironTech

Australian Strategic Materials agrees to acquire 95% of ZironTech

SYDNEY: Australian Strategic Materials (ASM) has entered into a binding heads of agreement to acquire 95% of its joint venture partner Ziron Technology Corporation (Ziron Tech), which owns patented low emission, high purity metal-refining technology, a news release said. ASM will also acquire the pilot plant constructed in 2020 to confirm the technology. The patented…