# ASM to acquire 95% of Ziron Tech and its metal-refining technology

Australian Strategic Materials (ASM) entered a binding heads of agreement to acquire a 95% interest in Ziron Tech, including patented low-emission metal-refining technology and a pilot plant.

- Type: Acquisition
- Announced: 2020-09-03
- Where: South Korea
- Status: announced
- Products: high-purity metals, zirconium, hafnium, rare earths, titanium metal
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Australian Strategic Materials](https://endata.com/companies/49700.md) (acquirer)
- [Ziron Technology Corporation](https://endata.com/companies/49701.md) (target)

## Sources

- [asm-au.com](https://asm-au.com/asm-to-acquire-95-of-ziron-tech/), 2020-09-03: "ASM has entered into a binding heads of agreement (HOA) to acquire 95% of its joint venture partner Ziron Tech."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.