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Hastings turns Thai plant stake into a 2027 production test
5:46pm on Friday 30th of October, 2026 AEDT
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Mining and critical minerals
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Hastings turns Thai plant stake into a 2027 production test
5:46pm on Friday 30th of October, 2026 AEDT
Key Points
49% Kabin Buri plant acquisition completed for consideration capped at US$15 million
First Thai MREC production targeted for Q2 CY2027 at approximately 12,000 tonnes per annum
Yangibana Stage 1 DFS shows A$649 million pre-tax NPV and 34% IRR
Yangibana requires approximately A$333.4 million of initial capital before FID
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