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Quarterly Activities Report
Quarterly Activities Report
Sydney, April 28, 2017 AEST (ABN Newswire) - Hastings Technology Metals Ltd (ASX:HAS) is pleased to provide the Company's Quarterly Activities Report.

- Continuous beneficiation pilot plant testing has successfully validated the simple and effective flowsheet of the Yangibana flotation process

- The pilot operation confirmed 70% TREO recovery at a final concentrate grade of 23% TREO

- Optimised flotation circuit chemistry improved recovery to >80% at a higher TREO grade

- Generated concentrate for next stage hydrometallurgy pilot plant operation

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

- Referral 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

- Drilling beyond the limits of current resources at Bald Hill returns the highest accumulation of neodymium and praseodymium oxides to date throughout the Yangibana Project

- Phase 5 drilling programme delayed by rain

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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 late 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 separated and refined to produce a number of individual 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 globally.



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

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

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