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ABC News
ABC News
Business

Australian Strategic Materials' Dubbo Project to mine rare earth minerals faces steep financial losses, auditor finds

Dubbo Australia Tim Harcourt ASM Earth
ASX-listed company Australian Strategic Materials is hoping to build a rare earth mine at this site in regional NSW. (Supplied)

A billion-dollar mining project will be financially unsustainable unless the company receives more funding, an independent auditor has found. 

More than 1,000 jobs are riding on the Dubbo Project, a proposed rare earth minerals mine by the company Australian Strategic Materials (ASM).

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