The directors submit the financial report of the Group consisting of Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) ("Company" or "Hastings") and the entities it controlled during the half-year ended 31 December 2016.
Hastings Technology Metals Ltd
- The Yangibana Project hosts JORC Resources totalling 13.41 million tonnes at 1.18% TREO (comprising Measured Resources of 2.16 million tonnes at 1.01% TREO, Indicated Resources of 5.45 million tonnes at 1.30% TREO and Inferred Resources of 5.81 million tonnes at 1.12% TREO), including 0.39% Nd2O3+Pr2O3.
- The Brockman deposit contains JORC Indicated and Inferred Resources totalling 41.4 million tonnes (comprising 32.3mt Indicated Resources and 9.1mt Inferred Resources) at 0.21% TREO, including 0.18% HREO, plus 0.36% Nb2O5 and 0.90% ZrO2.
- Rare earths are critical to a wide variety of current and new technologies, including smart phones, hybrid cars, wind turbines and energy efficient light bulbs.
- The Company aims to capitalise on the strong demand for critical rare earths created by expanding new technologies.
Hastings Technology Metals Ltd (ASX:HAS) Exploration Drillhole BHW04 Hits Widest High Grade Intersection, Provides New Target at Yangibana
The Directors of Hastings Technology Metals Limited (ASX:HAS) (FRA:5AM) are pleased to announce that assay results received after the completion of the resource estimate reported on 17 January 2017 have identified a significant new target at the Bald Hill deposit.
Hastings Rare Metals Ltd (ASX:HAS) is pleased to announce that the first assay results from the Pre-Feasibility study drilling programme at its Yangibana Project in the Gascoyne Region of Western Australia is continuing to intersect neodymium-rich mineralisation.
Asian Activities Report for November 11, 2011: Hastings Rare Metals Limited (ASX:HAS) Announces Significant Rare Earth Results at Yangibana Project
Asian Activities Report for November 11, 2011 includes: Hastings Rare Metals Limited (ASX:HAS) announces the results of a recent sampling programme at the Yangibana Project in Western Australia; iCash Payment Systems Limited (ASX:ICP) has determined to delay the targeted completion date of the proposed acquisition of further interest in NeoICP Korea Inc.; Globe Metals & Mining (ASX:GBE) has signed an agreement to acquire up to 90% interest in a titanium-vanadium-iron project in Mozambique; Mission NewEnergy Limited (NASDAQ:MNEL) (ASX:MBT) will build a major waste material processing facility in Malaysia.
Asian Activities Report for September 8, 2011: Encounter Resources (ASX:ENR) Announce Significant Recent Advances at the Yeneena Copper Project
Asian Activities Report for September 8, 2011 includes: Encounter Resources Limited (ASX:ENR) provides an update on a number of significant recent advances made at the BM1 and T4 prospects at the Yeneena project in Western Australia; Cortona Resources Limited (ASX:CRC) said today that the NSW Planning Assessment Commission has approved the Company's application to develop its flagship Dargues Reef Gold Mine in NSW; Canyon Resources Limited (ASX:CAY) has received further shallow high grade gold results from its Tonbody Project in Burkina Faso; Hastings Rare Metals Limited (ASX:HAS) announced a major increase in the JORC compliant resources at its Hastings rare metal-rare earth deposit in Western Australia; NTPC Limited (BOM:532555) has signed a Joint Venture Agreement with Ceylon Electricity Board for setting up a 500 megawatt coal based power station in the Eastern Province of Sri Lanka.
Asian Activities Report for June 20, 2011: Hastings Rare Metals (ASX:HAS) To Acquire Yangibana Rare Earth Project In Western Australia
Asian Activities Report for June 20, 2011 includes: Hastings Rare Metals Limited (ASX:HAS) is to acquire a 60% interest in the Yangibana Rare Earth Project in Western Australia; IPGA Limited (ASX:IPP) is to raise A$8.9 million from SeLoger.com; Krucible Metals Limited (ASX:KRB) has received further encouraging results from the Garnet Prospect in Queensland; Mineral Deposits Limited (ASX:MDL) is to form a joint venture with Eramet (EPA:ERA).
Asian Activities Report for June 10, 2011: Integra Mining Limited (ASX:IGR) Record Gold Production Of 7,909 Ounces In May
Asian Activities Report for June 10, 2011 includes: Integra Mining Limited's (ASX:IGR) Randalls Gold Project in Western Australia achieved record monthly gold production in May; Hastings Rare Metals Limited (ASX:HAS) has commenced a drilling program at the Hastings Rare Metal and Rare Earth Project in Western Australia; WPG Resources Limited (ASX:WPG) and Evergreen Energy Inc. (NYSE:EEE) have signed joint venture agreements to develop and produce K-Fuel(R) throughout Australia; Golden Rim Resources Limited (ASX:GMR) has commenced the second phase of gold-copper drilling on its Balogo Project in Burkina Faso.
Asian Activities Report for May 30, 2011: White Energy (ASX:WEC) To Finalise Modification Works On World Largest Coal Briquetting Plant
Asian Activities Report for May 30, 2011 includes: White Energy Company Limited (ASX:WEC) is proceeding to upgrade certain aspects of its binderless coal briquette plant in Indonesia; Hastings Rare Metals Limited (ASX:HAS) reported high grade rare metals at Hastings Project in Western Australia; Hot Chili Limited (ASX:HCH) has completed a A$3.65 million private placement to fund additional resource drilling at the Productora multi-commodity copper project in Chile; Globe Metals & Mining (ASX:GBE) has identified multiple, wide rare earth mineralisation in Mozambique.
Australian Market Report of December 7, 2010: China Magnesium Corporation (ASX:CMC) Commences Capital Works On China Plant Upgrade
Australian Market Report of December 7, 2010 includes: China Magnesium Corporation Limited (ASX:CMC) has commenced upgrade works at the Pingyao Magnesium Project; Augustus Minerals Limited (ASX:AUJ) is to acquire rare metals and heavy rare earths projects in Western Australia; Vital Metals Limited (ASX:VML) is to raise A$2.5 million for Doulnia Gold Project in Burkina Faso; Phosphate Australia Limited (ASX:POZ) has acquired 100% interest in the Earaheedy Basin manganese project in Western Australia.
Overnight Wall Street gained in a late rally early this morning, as investors snapped up beaten-down shares after Wall Street's worst day since the 1987, and consumer companies gained as the price of oil fell.