Hastings Technology Metals Limited

Hastings Technology Metals Limited

Hastings Technology Metals Limited

Successful completion of Yangibana Definitive Feasibility Study

  • The Yangibana resource (21 million tonnes, JORC Code 2012) will support an initial mine life of 8 years on 100% held ground with further scope to expand production and extend the life of mine
  • The Project has an after tax net present value of A$466 million at a discount rate of 8%, an internal rate of return of 78% and a payback period of 2.3 years
  • The Yangibana Project has one of the highest known Neodymium (Nd) and Praseodymium (Pr) to TREO Ratios of 41%

Wave acted as the DFS Study Lead and undertook a project management role.

Link to Hastings Techmnology Metals Limited website

https://hastingstechmetals.com/

See more at the release:

https://hastingstechmetals.com/investor-relations/announcements/#tab-id-2

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