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Hastings Technology Metals Limited (ASX:HAS) ("Hastings" or "the Company") is pleased to advise that it has lodged the EIA for its Yangibana Nd-Pr Rare Earths project with the EPA. A Referral Submission was also lodged with the Commonwealth Department of Environment and Energy. Under the Commonwealth and State Approval system, the EPA is the reviewing agency acting on behalf of WA and the Commonwealth.

HIGHLIGHTS

- Environmental Impact Assessment (EIA) lodged with Western Australia (WA) Environmental Protection Authority (EPA)

- Referable Submission lodged with Commonwealth Department of Environment and Energy

- Preliminary Mine Development Proposal (MDP) lodged with WA Department of Mines and Petroleum (DMP)

- Commencement of iterative reviews of the applications with EPA and DMP to map out approval timelines

A preliminary MDP has been lodged with the DMP. Further studies emanating from the Definitive Feasibility Study (DFS) are required to be lodged at a later time to complete the MDP for final assessment. The DFS is scheduled for completion during Q3 2017. The lodgement of the preliminary MDP is to enable the MDP to be fast tracked, pending further outstanding reports that will flow from the DFS.

An iterative review process has commenced with the EPA and DMP that will identify any areas of additional information, if required, for the relevant permitting approvals to be granted. The review process will also clarify the timeline for the approval processes.

The Yangibana Nd-Pr Rare Earths project is in the Gascoyne region of Western Australia. The Company plans to construct a processing plant to produce a Mixed Rare Earths Carbonate product, through the process of mining, beneficiation and hydrometallurgy. On completion of the Permitting, the start-up construction phase is expected to create up to 500 jobs directly and indirectly in and around the Gascoyne region.


About Hastings Technology Metals Ltd

Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is currently developing a rare earths mine and processing plant at Yangibana in the Gascoyne Region of Western Australia. The processing plant is anticipated to commence production of MREC in 2H 2019. Hastings has completed both beneficiation and hydrometallurgy pilot plants, in the process producing MREC samples which are high in neodymium and praseodymium content. These are critical materials for the production of permanent magnets and other technology applications. The MREC will be capable of being further refined and treated to produce a number of separated rare earth oxides outside of Australia. Hastings estimates an annual production quantity of 15,000 tonnes of MREC, which it will sell to offtake partners.

The Yangibana Project hosts JORC Resources totalling 17.02 million tonnes at 1.27% TREO (comprising Measured Resources of 2.92 million tonnes at 1.04% TREO, Indicated Resources of 7.19 million tonnes at 1.43% TREO and Inferred Resources of 6.90 million tonnes at 1.21% TREO), including 0.41% Nd2O3+Pr6O11.

 

Contact

Charles Tan
Chief Operating Officer
M: +61-457-853-839

Andy Border
General Manager Exploration
T: +61-2-9078-7674



Link: Mine Permitting Applications For Yangibana Project Lodged



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Related Industry Topics:
Mining Rare Earths

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