** Shares of Australian Strategic Materials rise as much as 6.6% to A$0.645, their highest since Sept. 30
** Critical metals producer says it has been awarded A$5 mln ($3.36 mln) under the Australian Federal Government's International Partnerships in Critical Minerals Program
** Says grant for identifying lower capital & shorter implementation pathways to rare earth production at Dubbo project in New South Wales
** As of last close, stock down 52.4% YTD
($1 = 1.4868 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.