Australia's next rare earths producer, Hastings Technology Metals Ltd. is pleased to report on activities carried out during the quarter to 30 September 2020. - Successful capital raising of $20.7 million, with $3.0 million raised from a fully underwritten Share Purchase Plan in September and a further $17.7 million in a Placement finalised by early October. - Strong interest from existing shareholders and new [...]
Hastings Technology Metals Ltd., Australia's next Rare Earths producer , is pleased to announce further drill results as part of the 2020 Exploration Drilling Program, for the Fraser's North and South areas. The Company has so far received assay results for 30 RC drill holes in these areas since drilling commenced in early June. Numerous significant potentially economic results have been received from 29 out of the 30 [...]
Over the course of the last 12 months, Hastings Technology Metals Ltd. has substantially progressed the Yangibana Project to the position where it is now considered to be the next most likely light rare earth project to be constructed anywhere in the world. Advancement of the project has occurred on many fronts, from updated mineral resources and mining reserves to tendering equipment selection and advanced process design [...]
Hastings Technology Metals Ltd., Australia's next Rare Earths producer , is pleased to announce the first set of results from the 2020 Exploration Drilling Program, concentrated in the Fraser's area. Drilling results have confirmed the Company's conceptual modelling for a large coherent zone extending from Fraser's in the south to Bald Hill in the north , a distance of 7-8 kilometres, with efforts to rapidly expand and [...]
Hastings Technology Metals Ltd. advises that the closing date for the Share Purchase Plan announced on 26 August 2020 will be extended by one week to 28 September 2020. The Company has become aware that COVID-19 restrictions have resulted in delays in the delivery of the SPP Offer booklet and application form to shareholders. Hastings wants to provide all eligible shareholders with the opportunity to participate in the [...]
Further to the capital raise announcement on 26 August 2020 Hastings Technology Metals Ltd. is pleased to provide details of the Hastings 2020 Share Purchase Plan offer to eligible shareholders to raise $3 million. Eligible shareholders are those who are registered holders of ordinary shares in the Company as at 5.00pm WST on 25 August 2020 resident in Australia or New Zealand. Hastings has made significant progress [...]
Australia's next rare earths producer, Hastings Technology Metals Ltd. is pleased to announce that it has received firm commitments for a share placement to institutional, sophisticated and professional investors and provide details about a Share Purchase Plan and Conditional Placement . Placement The Placement will raise approximately $14.6 million from the issue of approximately 117 million new fully paid ordinary [...]
Hastings Technology Metals Ltd. provide the latest Investor Presentation. - Hastings remains on track to achieve key milestones for the Yangibana Project - Construction targeted to commence immediately post debt finance conclusion - Hastings' Yangibana Project is well positioned to be the next ASX listed Rare Earths producer To view the presentation, please visit: https://abnnewswire.net/lnk/OSY7M8FU About Hastings [...]
Hastings Technology Metals Ltd. announce the Quarterly Activities Report for the period ending June 2020. Significant highlights for the period include: - Hasting's signs long term binding Master Agreement with German Automotive Tier 1 supplier, Schaeffler technologies AG - Hasting's obligation is to supply a substantial volume of MREC over an initial period of 10 years - Schaeffler continues its support for German [...]
Hastings Technology Metals Ltd. is pleased to announce that it has updated its Capital expenditure requirements previously estimated at approximately AUD$517m , which included a 114km gas pipeline and 14Mw gas fired powerstation. Capital estimates have been revised based on the recently announced decoupling and relocation of the Hydrometallurgical plant to the Pilbara Region. The revised capital estimate is now [...]
Hastings Technology Metals Ltd. is pleased to announce that it has progressed an agreement for a coastal location within the Pilbara region of Western Australia for the Yangibana Rare Earth Project's Hydrometallurgical cracking and leaching plant. Hasting's proposal to decouple the Yangibana processing facility and relocate the Hydrometallurgical plant to a coastal location will add substantial value to the Yangibana [...]
Hastings Technology Metals Ltd. is pleased to announce that it has successfully received in-principle eligibility for the Finnish Export Credit Scheme from Finnvera plc , who are mandated by the Government of Finland as administrators of the Scheme for an indicative commercial contract amount of AUD 75 million. Finnvera together with its subsidiary Finnish Export Credit Ltd , comprise the official Export Credit Agency of [...]
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