2025-06-27
On June 26, Atlantic Strategic Minerals (ASM) announced that its mining and mineral processing plant in Virginia has officially entered commercial production. The project contains high-grade mining assets and processing facilities, including a beneficiation plant and the largest mineral separation plant in North America.
The key minerals produced by the plant include ilmenite and zircon, which have been listed as critical minerals by the US government. The company said that as part of a long-term offtake agreement, its first batch of ilmenite and zircon has been delivered to US industrial customers.
In the next phase of development of its Virginia business, the company plans to produce monazite, a key mineral raw material for the production of rare earth oxides. Studies have shown that the company’s monazite is rich in praseodymium and neodymium.
