The Directors of Hastings Technology Metals Ltd. are pleased to announce an increase in the Probable Ore Reserves at the Yangibana Project in the Gascoyne region of Western Australia. Total Probable Ore Reserves have increased to 12.20 million tonnes at 1.13%TREO including 0.40%Nd2O3+Pr6O11, an 18% increase in ore reserve tonnes compared to the previously announced ASX release entitled "Reserves Increase by 34% to 10.35MT [...]
The Directors of Hastings Technology Metals Ltd. are pleased to announce a 13% increase in Measured plus Indicated Mineral Resources compared to the most recently announced Mineral Resource estimate in November 2018 . Measured plus Indicated Mineral Resources now stand at 15.1Mt within a total Mineral Resource of 21.3Mt. The total updated Measured and Indicated Mineral Resource now hosts approximately 60Kt of neodymium [...]
Hastings Technology Metals Ltd. is advancing its Yangibana Rare Earths Project in the Upper Gascoyne Region of Western Australia towards production. The proposed beneficiation and hydro metallurgy processing plant will treat rare earths deposits, predominantly monazite, hosting high neodymium and praseodymium contents to produce a mixed rare earths carbonate that will be further refined into individual rare earth oxides [...]
Hastings Technology Metals Ltd. is pleased to advise that it has awarded the Engineering, Procurement, Construction and Management contract for its rare earths processing plant and the associated infrastructure for the Yangibana process plant in the Gascoyne Region of Western Australia to DRA Pacific Pty Ltd . - DRA Pacific Pty Ltd awarded the Engineering, Procurement and Contract Management Contract for the Yangibana [...]
In November 2017 Hastings Technology Metals Ltd. reported the successful completion of a Definitive Feasibility Study for the Yangibana Project based on the production of Mixed Rare Earths Carbonate rich in Neodymium and Praseodymium , critical materials used in the manufacture of permanent magnets. In the twelve months following completion of the DFS, Hastings confirmed capital requirements, completed flotations pilot [...]
Hastings Technology Metals Ltd. is pleased to advise that Guy Robertson has been re-appointed a Director of Hastings with effect from today's date. Mr Robertson has been associated with the Company since October 2011 until November 2018 when he resigned due to personal circumstances, now resolved. Mr Robertson has significant experience as a Director and Company Secretary of ASX listed and private companies in both [...]
Hastings Technology Metals Ltd. is pleased to announce that it received notification from the Hon. Stephen Dawson, Minister for Environment that he has granted the environmental permit for the Yangibana Rare Earths Project . This granting means the Company has now received the key environmental permit required to move forward on its Yangibana Project to produce a mixed rare earth carbonate on site. This significant [...]
Hastings Technology Metals Ltd. is pleased to advise that it has placed a further 20,700,000 shares of the rights issue shortfall raising a further $3,519,000. The rights issue announced on 9 April 2019 sought to raise $16.5 million through the issue of 97,058,823 shares at 17 cents per share and free attaching options on the basis of one option for every two new shares. The last date for placing shares under the rights [...]
Hastings Technology Metals Ltd. provide Quarterly Activities Report for the period ending 30 June 2019. Highlights: - In-principle eligibility received from Euler Hermes for the Project financing of Yangibana rare earth project of up to USD140 million. - Environmental Protection Agency recommends approval of the Yangibana project. - Agreement concluded to purchase 100 extra rooms plus associated infrastructure from [...]
Hastings Technology Metals Ltd. is pleased to advise that the Appeals Registrar has not received any appeals on the EPA Assessment Report, which recommends approval of the Yangibana Rare Earths Project subject to the proposed conditions. The DMAs will be provided with the draft conditions for their consideration and must then provide their agreement to the implementation of the proposal subject to the draft conditions [...]
Hastings Technology Metals Ltd. is pleased to advise that the EPA has publicly released the Yangibana Rare Earths Project report which is now open for a 2 week public appeal period, before being submitted to the Minister for Environment for final approval. - Hastings has secured the next step in the approvals process allowing it to maintain construction commencement guidance for 2019 subject to final finance arrangements [...]
Hastings Technology Metals Ltd.'s is pleased to advise that it has signed an offtake Memorandum of Understanding with Schaeffler AG. Schaeffler is a global automotive and industrial supplier of high-precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for a large number of industrial applications, primarily focussed on the automotive industry [...]