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How Hastings’ Thai Hydromet Plant Could Transform Rare Earth Production by 2026

9:16am on Tuesday 31st of March, 2026 AEDT Mining
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How Hastings’ Thai Hydromet Plant Could Transform Rare Earth Production by 2026

9:16am on Tuesday 31st of March, 2026 AEDT
Key Points
  • Acquisition of 49% interest in Thai hydromet plant capped at US$15 million
  • Targeting first Mixed Rare Earth Chloride (MREC) production and cash flow by Q4 2026
  • Plant capacity up to 30,000 tonnes per annum with flexible feedstock options
  • Lower operating costs and potential tax incentives via Thailand Board of Investment
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