Australian Strategic Materials Limited announced that commissioning has begun at its Korean Metals Plant in Ochang Province, South Korea. The company has commenced hot commissioning on its neodymium furnace. This included firing up the plant's furnaces, processing feed material and casting the plant's first ingots of neodymium metal. This represents the first phase of commissioning activities, with additional modules of the Korean Metals Plant undergoing construction and installation. These first phase commissioning activities are planned to continue through the first half of 2022, with the full scale, 5200 tpa plant due for completion in the second half of calendar year 2022. Updated production guidance will be provided once the first phase of commissioning is complete.