Hastings Technology Metals Ltd Stock Market Press Releases and Company Profile

View in Other Languages Hastings Technology Metals Ltd (ASX:HAS) 更换审计 Hastings Technology Metals Ltd (ASX:HAS) Change of Auditor Hastings Technology Metals Ltd (ASX:HAS) 更換審計 
Change of Auditor
Change of Auditor

Sydney, June 4, 2018 AEST (ABN Newswire) - In compliance with ASX Listing Rule 3.16.3, Hastings Technology Metals Ltd (googlechartASX:HAS) (the "Company") advises that effective today, PricewaterhouseCoopers has been appointed auditors of the Company.

In accordance with section 327C of the Corporations Act 2001, a resolution will be placed at the 2018 Annual General Meeting to ratify the appointment of PricewaterhouseCoopers as the Company's auditor.

The change follows the resignation of the Company's previous auditor, HLB Mann Judd, in accordance with Section 329(5) of the Corporations Act, effective today.

The Board wishes to thank HLB Mann Judd for the service provided over many years.


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.

abnnewswire.com 


Contact

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

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



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