As a result, Hastings has received two key approvals to enable the continuation of early works infrastructure site activities. Permits include.
- Approval from the
- Approval from the
The Flora and Vegetation Environmental Management Plan sets out the environmental objectives to be achieved and specifies management actions that will be implemented to achieve compliance. Hastings has prepared management targets and monitoring programs to measure the effectiveness of the management actions. The management plan has been informed by best practice and recent experience on similar mining projects in
The Mining Proposal details the proposed activities on site and environmental management measures to ensure Hastings meets its tenement obligations under the Mining Act.
About
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
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.
The Brockman deposit, near
The Company is also progressing a
Hastings aims to capitalise on the strong demand for critical rare earths created by the expanding demand for new technology products.
Contact:
Executive Chairman
+65 6220 9220
Chief Financial Officer
+61 8 6117 8634
Chief Operating Officer
+61 8 6117 8621
For media and investor queries, please contact:
Cannings Purple
+61 411 251 540 pklinger@canningspurple.com.au
Cannings Purple
+61 411 209 459 pkermode@canningspurple.com.au
Copyright (C) 2022 ABN Newswire. All rights reserved., source