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Hastings Advances Thai MREC Plant Acquisition and Doubles Capacity
2:11pm on Friday 24th of July, 2026 AEST
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Mining
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Hastings Advances Thai MREC Plant Acquisition and Doubles Capacity
2:11pm on Friday 24th of July, 2026 AEST
Key Points
49% acquisition of Thai hydrometallurgical MREC plant progressing
Framework Offtake Agreement secures African monazite concentrate feedstock
Updated Yangibana Stage 1 DFS shows A$649 million pre-tax NPV and 34% IRR
Thailand plant capacity doubled to 12,000tpa MREC output
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