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Future Producer of Neodymium & Praseodymium to the Permanent Magnet Industry

Investor Presentation Update
Investor Presentation Update
Sydney, May 2, 2018 AEST (ABN Newswire) - Hastings Technology Metals Ltd (ASX:HAS) provides the Company's latest Investor Presentation.

Steady growth in market cap since Jan 2014

- Market Cap - A$ 220m

- ~ 1200 Shareholders
+55% in 2017

- Top 10 shareholders owns ~ 70%

- A$59m raised since 2014

- Cash: A$25m post rights issue

- No Debt

- Included in the ASX All Ordinaries Index

High Neodymium and Praseodymium content

- Total Measured, Indicated and Inferred Resources now at 21m tonnes (see Note below)

- Total Probable Ore Reserve at 5.15m tonnes and Additional Production Target of - 2.5m tonnes to be added on by late 2018

- In-ground ratio of Nd-Pr as % of TREO ranges from 34% (0.40%/1.18%) to as high as 57% locally at Simon's Find deposit

- Most resources contained on Hastings 100% owned ground and smaller portion on 70% JV ground

Note: Hastings ASX release 22 Nov 2017;

To view the full presentation, please visit:
http://abnnewswire.net/lnk/N30JNCSD


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.

 


Contact

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

Guy Robertson
Finance Director
T: +61-9078-7674



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