Hastings Technology Metals Limited (ASX:HAS)

Charles Lew
Exec Chairman
Market Cap (AUD): 405.79M
Sector: Materials
Last Trade (AUD): 0.2 +0 (+0%)
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1. About

Hastings Technology Metals Limited (ASX:HAS) is a rare earths company with ambitions to become the worlds next producer of neodymium and praseodymium concentrate (NdPr). 

NdPr is a vital component used to manufacture permanent magnets used every day in advanced technology products ranging from electric vehicles to wind turbines, robotics, medical applications, digital devices and more. 

Hastings flagship Yangibana project, in the Gascoyne region of Western Australia, contains one of the most highly valued NdPr deposits in the world. 

The site is permitted for long-life production and with off-take contracts signed and debt finance in advanced stage. Construction is scheduled to take 27 months from Q3 2022. Hastings also owns and operates the Brockman project, Australias largest heavy rare earths deposit, near Halls Creek in the Kimberley.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk