FINANCE VIDEO: Hastings Technology Metals Ltd - Interview with Executive Chairman Charles Lew
Sydney - 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) 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 1Qtr 2020. 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:
Hastings Technology Metals Ltd.
Charles Lew Executive Chairman
T: +65-9790-9008
Guy Robertson Finance Director
T: +61-9078-7674