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Interview with Executive Chairman Charles Lew
Interview with Executive Chairman Charles Lew
Sydney, May 29, 2018 AEST (ABN Newswire) - Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) Executive Chairman is interviewed by ABN Newswire in Sydney regarding the recent advances in the progress of the company with its Yangibana Rare Earth Project.

Mr Lew talks about the recent offtake agreement, the near term development of the mining infrastructure, the construction of accommodation units and the long term financials around the project.

With German and Chinese off-take agreements forming, the company has the majority of early production material "sold off the plan".

To view the video interview, please visit:
http://www.abnnewswire.net/press/en/93291/has


About Hastings Technology Metals Ltd

Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is a leading Australian rare earths company, with two rare earths projects hosting JORC-compliant resources in Western Australia.

- The Yangibana Project hosts Probable Reserves totaling 5.15 million tonnes at 1.12% TREO including 0.45% Nd2O3+Pr6O11 within JORC Resources totalling 21.0 million tonnes at 1.17% TREO (comprising Measured Resources of 3.9 million tonnes at 1.19% TREO, Indicated Resources of 8.6 million tonnes at 1.25% TREO and Inferred Resources of 8.4 million tonnes at 1.09% TREO), including 0.40% Nd2O3+Pr6O11.

- 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, electric vehicles, wind turbines and energy efficient light bulbs.

- The Company aims to capitalise on the strong demand for rare earths permanent magnets created by expanding new technologies.

 


Contact

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

Guy Robertson
Finance Director
T: +61-9078-7674


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