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Hastings secures Thai processing foothold ahead of 2027 production
11:12am on Wednesday 28th of October, 2026 AEDT
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Mining and Critical Minerals
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Hastings secures Thai processing foothold ahead of 2027 production
11:12am on Wednesday 28th of October, 2026 AEDT
Key Points
49% Kabin Buri plant acquisition completed, with total consideration capped at US$15 million
23 million Hastings shares to be issued at A$0.50 each, representing about 9% of enlarged capital
Commissioning targeted for Q1 2027 and first MREC production for Q2 2027
Binding agreement covers 10,000 tonnes per annum of monazite concentrate feedstock
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