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Annual Report to shareholders
Annual Report to shareholders
Sydney, Sep 28, 2017 AEST (ABN Newswire) - Hastings Technology Metals Ltd (ASX:HAS) provide the Annual Report to Shareholders.

To view the Annual Report, please visit:
http://abnnewswire.net/lnk/UKGA4AR0


About Hastings Technology Metals Ltd

Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is currently developing a rare earths mine and processing plant at Yangibana in the Gascoyne Region of Western Australia. The processing plant is anticipated to commence production of MREC in late 2019. Hastings has completed both beneficiation and hydrometallurgy pilot plants, in the process producing MREC samples which are high in neodymium and praseodymium content. These are critical materials for the production of permanent magnets and other technology applications. The MREC will be capable of being further separated and refined to produce a number of individual rare earth oxides outside of Australia. Hastings estimates an annual production quantity of 15,000 tonnes of MREC which it will sell to offtake partners globally.

 


Contact

Charles Lew
Executive Chairman
T: +65-9790-9008

Aris Stamoulis
Director Corporate Finance
M: +61-455-105-607



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