Appointment of Joint Company Secretary
Sydney, Oct 2, 2018 AEST (ABN Newswire) - Hastings Technology Metals Limited (
ASX:HAS) is pleased to announce the appointment of experienced corporate mining professional Neil Hackett as Joint Company Secretary from 1 October 2018. Neil Hackett has over 20 years of company secretarial, compliance and company directorship experience, including 10 years with the ASIC and eight years as an ASX 200 listed company secretary.
Neil is currently Non-executive Chairman, Non-executive Director and Company Secretary of three ASX listed entities and Company Secretary of one large private entity. Neil holds a Bachelor of Economics (UWA), is a Fellow of FINSIA, and is a Graduate and Facilitator with the Australian Institute of Company Directors.
About Hastings Technology Metals Ltd
Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is advancing its Yangibana Rare Earths Project in the Upper Gascoyne Region of Western Australia towards production. The proposed beneficiation and hydro metallurgy processing plant will treat rare earths deposits, predominantly monazite, hosting high neodymium and praseodymium contents to produce a mixed rare earths carbonate that will be further refined into individual rare earth oxides at processing plants overseas.
Neodymium and praseodymium are vital components in the manufacture of permanent magnets which is used in a wide and expanding range of advanced and high-tech products including electric vehicles, wind turbines, robotics, medical applications and others. Hastings aims to become the next significant producer of neodymium and praseodymium outside of China.
Hastings holds 100% interest in the most significant deposits within the overall project, and 70% interest in additional deposits that will be developed at a later date, all held under Mining Leases. Numerous prospects have been identified warranting detailed exploration to further extend the life of the project.
Brockman Project
The Brockman deposit, near Halls Creek in Western Australia, contains JORC Indicated and Inferred Mineral Resources, estimated using the guidelines of JORC Code (2012 Edition).
The Company is also progressing a Mining Lease application over the Brockman Rare Earths and Rare Metals Project.
Hastings aims to capitalise on the strong demand for critical rare earths created by the expanding demand for new technology products.
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