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Why Is Hastings Divesting WA Gold Assets to Sharpen Rare Earths Focus?
8:34am on Wednesday 10th of September, 2025 AEST
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Why Is Hastings Divesting WA Gold Assets to Sharpen Rare Earths Focus?
8:34am on Wednesday 10th of September, 2025 AEST
Key Points
Hastings to sell WA gold assets to Metal Bank for A$2.3 million in MBK shares
In-specie distribution planned to give Hastings shareholders direct MBK exposure
Hastings COO Tim Gilbert to become MBK CEO; Chairman Charles Lew joins MBK board
Divestment allows Hastings to concentrate on Yangibana Rare Earths Project
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