Hastings Technology Metals Ltd

To cap off an exciting and pivotal day for Hastings, our Chief Operating Office Tim Gilbert presented at the RIU Explorers Conference yesterday. Our exciting announcement that we will form a Joint Venture with Wyloo. This announcement provides the partnership that will allow the Yangibana Project to march towards producing its rare earth concentrate. - The term sheet has been approved by Wyloo Investment Committee and supported by the Hastings Technology Metals Ltd board. - Includes cancellation of all Exchangeable Notes owing to Wyloo, which represents an early repayment of debt in full ahead of maturity in October 2025 (at which time the face value of the Exchangeable Notes would be approximately $220m). - 60:40 JV with Wyloo holding a 60% participating interest and Hastings' wholly owned subsidiary, Yangibana Jubilee Pty Ltd, holding a 40% participating interest. - Hastings retains a 40% share of revenue (rare earths, niobium and other by-product credits) and Project cash flows. This partnership will significantly de-risk project funding for Yangibana by partnering with Wyloo, who brings established technical and financial credentials.   The agreement demonstrates a credible path to funding and development, bringing hundreds of jobs and economic opportunities to the Gascoyne region and Western Australia.    Yangibana remains perfectly poised to become Australia's Next Rare Earth and Niobium Producer.   Click here to view the presentation: https://lnkd.in/gZGHMpGA #Neodymium #Praseodymium #Partnership #RareEarths #REE #Innovation #Sustainability #EconomicGrowth #HastingsTechnologyMetals #Wyloo

Hastings Technology Metals Ltd And Wyloo To Form Joint Venture On The Yangibana Rare Earths & Niobium Project SUMMARY OF THE JOINT VENTURE: - Hastings Technology Metals Ltd and Wyloo have signed an exclusive non-binding term sheet to enter into an Unincorporated Joint Venture (UJV) for the Yangibana Rare Earths and Niobium Project. - The term sheet has been approved by Wyloo's Investment Committee and supported by the Hastings board. - The transaction is subject to executing a UJV Agreement, Transaction Agreement and other binding JV documentation, which are well advanced and being finalised between the parties. KEY COMMERCIAL TERMS INCLUDE: - 60:40 UJV with Wyloo holding a 60% participating interest and Hastings' wholly owned subsidiary, Yangibana Jubilee Pty Ltd, holding a 40% participating interest. - Consideration includes cancellation of all Exchangeable Notes owing to Wyloo, which represents an early repayment of debt in full ahead of maturity in October 2025 (at which time the face value of the Exchangeable Notes would be approximately $220m). - Hastings retains a 40% share of revenue (rare earths, niobium and other by-product credits) and Project cash flows. - UJV includes Stage 1 of the Yangibana Project and Stage 2 of the Hydrometallurgical Plant. - Wyloo will act as the UJV Manager and Operator. It has an option to increase its participating interest to 70%. Refer to key terms. You can read the full announcement here: https://lnkd.in/g37tfVgD #Neodymium #Praseodymium #Partnership #RareEarths #REE #Innovation #Sustainability #EconomicGrowth #HastingsTechnologyMetals #Wyloo

Hastings are thrilled to be back at the RIU Explorers Conference 2025! 📅 Date: February 18-20, 2025 📍 Location: Esplanade Hotel - Fremantle Come and visit us at our booth over the next three days. We are showcasing our Yangibana Rare Earths and Niobium Project. Don’t miss our presentation on Thursday, February 20th at 12:45 PM. You can also catch it live on the RIU website. With over 2,300 delegates registered, it will be another fantastic event. We look forward to connecting with you! #RIUExplorersConference #Hastings #YangibanaProject #RareEarths #Niobium #MiningIndustry #Networking #MiningConference

Today Lifeline WA visited Hastings to speak about the Resourceful Mind Program, a transformative peer support initiative developed in partnership with the CME The Lifeline team shared insights about the program, including the Minder framework that outlined the various learning pathways available for those who wish to become Minders and make a real impact supporting others. What made the session truly special was the experiences shared by our Hastings Minders, who gave us a glimpse into their journeys, learnings, and invaluable support they provide as a part of the program. We are proud to empower our people to learn and grow as individuals, strengthening our industry and the broader community’s knowledge about the support available. #LifelineWA #ResourcefulMind #PeerSupport #CommunityEmpowerment #MentalHealthAwareness #Minders #SupportInitiative #CME #HastingsCommunity #TransformativeSupport

Future Minerlas Forun 2025 - Riyadh Saudi Arabia The fourth #FMF reaffirmed Saudi Arabia’s position as a global mining and mineral hub. The event showcased KSA commitment to transforming minerals into a cornerstone of economic diversification and sustainable development in line with #Vision2030. The conference attracted over 18,000 participants from 165 countries, 50 international organizations, and experts from across the entire mineral value chain. With 405 speakers contributing to 96 sessions and workshops, together we have advanced the global minerals agenda. The conference’s achievements were further highlighted by the signing of 126 agreements and MoUs worth a total of 28.5 billion USD, reflecting the growing confidence in Saudi Arabia’s mineral sector. Over these three days, Hastings has developed strong relationships with the KSA Government and companies to further progress our development of downstream processing. Hastings would like to extend our appreciation to the Minister of #Industry_and_Mineral_Resources, H.E. Bandar AlKhorayef, deputy ministers and the entire staff at the Ministry of #Industry_and_Mineral_Resources. We look forward to attending the next #FutureMineralsForum in 2026. #MiningConference #RiyadhEvents #SaudiMining #MineralsIndustry #SustainableMining #EconomicDiversification #KSAIndustry #MineralValueChain

Future Minerals Forum 2025 - Riyadh, Saudi Arabia Hastings delegation, which included Charles Lew, Executive Chairman, Teck Lim, CFO, Vince Catania, GM Corporate, and Niels Hachmann, Head of Business Development, was delighted to meet with Australia's Saudi Arabian Ambassador, Mark Donovan, at #FMF25. The Ambassador is a strong advocate for promoting the opportunities for Australian Companies in the Kingdom and was delighted to hear the progress that Hastings is making as one of nine parties that was recently selected by the KSA's Ministry of Investment (MISA) for the Global Supply Chain Resilience Initiative programme totalling SAR 35 billion (US$9 billion / A$14 billion). #FutureMineralsForum #FMF2025 #Riyadh #SaudiArabia #AustralianBusiness #GlobalSupplyChain #InvestmentOpportunities #MISA #MiningIndustry #BusinessDelegation

Future Minerals Forum 2025 Riyadh - Saudi Arabia Hastings Executive Chairman Charles Lew was a special guest on the panel at the FMF 2025 discussion on 'Rare Earth: Pricing, Trends and Market Predictions, along with Ma'aden's Omar Boutahar and Woodmac's Patrick Barnes, with Gracelin Baskaran as the moderator. Hastings was recently selected as one of nine parties by the Kingdom of Saudi Arabia's Ministry of Investment (MISA) for the Global Supply Chain Resilience Initiative (GSCRI) program totalling SAR 35 billion (US$9 billion / A$14 billion). #FutureMineralsForum #Riyadh2025 #RareEarth #MiningIndustry #MarketTrends #SupplyChainResilience #SaudiArabia #InvestmentOpportunities #FMF2025 #Vision2030

Hastings Flagship Project 'The Yangibana Rare Earth and Niobium Project' contains one of the most highly valued deposits of Neodymium and Praseodymium worldwide, with an average NdPr of 37% TREO Ratio. With an initial mine life of 17 years and poised to become a multi-generational mine, the Yangibana Project will become a globally significant source of NdPr, a critical component in the manufacture of permanent magnets used in advancing technology products from electric vehicles to renewable energy, humanoid robotics, medical applications and digital services. In late 2024, Hastings was selected as one of nine parties by the Kingdom of Saudi Arabia's Ministry of Investment (MISA) for the Global Supply Chain Resilience Initiative (GSCRI) program, totalling SAR 35 billion (US$9 billion / A$14 billion). This is an excellent opportunity for Hastings to be part of further downstream processing that will enable rare earth magnet products produced in KSA to be well positioned to supply components to Original Equipment Manufacturers (OEMs) and Tier 1 suppliers located in Europe, US and Middle East markets. Hastings total capital costs incurred to date is $223 million. Key staged development activities to date include: ✔️ Non-process Infrastructure, including the Kurrbili Accommodation Village, 294 rooms, kitchen, mess facilities, medical centre, sports court, administration buildings, ✔️ A 1.8km airstrip capable of landing 70-seater aircraft, ✔️ The construction of six production bores, a 30km water pipeline, ✔️ Telecommunications towers, ✔️ Over 20 km of site access roads are completed and operational. ✔️ Design works are advanced in engineering with GR Engineering Services, and design is for the critical areas of process engineering, bulk earthworks, concrete, structural engineering, mechanical engineering, and piping. The electrical, instrumentation and control system engineering and design have commenced. ✔️ The majority of long lead equipment for the Beneficiation plant, such as the SAG mill, regrind mill, and flotation cells, have been procured to date and have been delivered and held in storage in Perth. ✔️ Significant long lead Hydrometallurgical plant equipment such as Off-gas Scrubbers, rotary kiln, and thickeners have also been procured, delivered, and stored in Perth. In 2025, Hastings looks forward to becoming Australia's next rare earth producer. Click to see our progress below👇 #RareEarths #Neodymium #Praseodymium #MiningIndustry #Sustainability #CleanTechnology #ElectricVehicles #RenewableEnergy #GlobalSupplyChain #HastingsProject @Australian Saudi Business Forum @Future Minerals Forum #Australia #SaudiArabia

Welcome Bella Luntungan to the Hastings Team as our GM of Finance. Bella has 20 years of experience in the mining industry in Australia and globally. She has held senior finance, commercial, and operational management positions with ASX and TSX-listed mining producers and contractors in a number of commodities, including gold, copper, nickel, and lithium. Welcome aboard, Bella. #FinanceLeadership #MiningIndustry #TeamHastings #WomenInMining #MiningProfessionals #FinanceExpert #MiningAustralia #MiningCareers #MiningNews

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