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Future Producer of Neodymium & Praseodymium to the Permanent Magnet Industry

Investor Presentation October 2017
Investor Presentation October 2017
Sydney, Oct 27, 2017 AEST (ABN Newswire) - Hastings Technology Metals Ltd (ASX:HAS) provides the Company's latest Investor Presentation.


- Experienced management team with rare earth production experience

- Definitive Feasibility Study (DFS) due end Nov 2017

- Off-take MOUs signed with 3 Chinese producers; ongoing discussions with Europeans and Japanese

- Mining Lease granted for 21 yrs since March 2016

- Non-China source of supply of Mixed Rare Earth Carbonate (MREC) with high NdPr content

- High basket price: USD30.50/kg vs USD21/kg breakeven cost

- Mine construction 1Q 2018 Production 4Q 2019

- JORC Resource Estimate currently @ 20.6m tonnes

- NPV (est) @ AUD420m, EBITDA payback 2.7 years

- EVs exponential growth of 5x from 2020 to 2040

- Market Cap AUD170m, attractive valuation compared to peers

- Cash in hand AUD19m No debt

To view the full presentation, please visit:

About Hastings Technology Metals Ltd

Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is a leading Australian rare earths company, with two rare earths projects hosting JORC-compliant resources in Western Australia.

- The Yangibana Project hosts Probable Reserves totaling 5.15 million tonnes at 1.12% TREO including 0.45% Nd2O3+Pr6O11 within JORC Resources totalling 21.0 million tonnes at 1.17% TREO (comprising Measured Resources of 3.9 million tonnes at 1.19% TREO, Indicated Resources of 8.6 million tonnes at 1.25% TREO and Inferred Resources of 8.4 million tonnes at 1.09% TREO), including 0.40% Nd2O3+Pr6O11.

- The Brockman deposit contains JORC Indicated and Inferred Resources totalling 41.4 million tonnes (comprising 32.3mt Indicated Resources and 9.1mt Inferred Resources) at 0.21% TREO, including 0.18% HREO, plus 0.36% Nb2O5 and 0.90% ZrO2.

- Rare earths are critical to a wide variety of current and new technologies, including smart phones, electric vehicles, wind turbines and energy efficient light bulbs.

- The Company aims to capitalise on the strong demand for rare earths permanent magnets created by expanding new technologies.



Charles Lew
Executive Chairman
T: +65-9790-9008

Aris Stamoulis
Director Corporate Finance
M: +61-455-105-607

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