Latest Hastings Technology Metals (ASX:HAS) News

Hastings Technology Metals has completed the sale of its gold assets, distributed shares to shareholders, and strengthened its rare earths project through a joint venture and a new US partnership.

Hastings Technology Metals has secured shareholder approval to distribute Metal Bank shares as it divests its gold assets, marking a strategic pivot towards rare earths.

Hastings Technology Metals has confirmed robust near-surface gold mineralisation at its Seven Leaders prospect, setting the stage for a maiden resource estimate in December 2025.

Hastings Technology Metals and Wyloo have signed a non-binding agreement with Ucore Rare Metals to negotiate a long-term offtake for rare earth concentrate and explore US-based downstream processing.

Hastings Technology Metals has completed a transformative joint venture with Wyloo for its Yangibana Rare Earths Project, eliminating $123 million in debt and divesting its gold portfolio to sharpen its rare earths focus.

Hastings Technology Metals has responded to an ASX price query, denying any undisclosed information behind its recent share price and volume spike, citing recent joint venture and asset sale announcements as likely drivers.

Hastings Technology Metals has signed a binding agreement to sell its gold assets to Metal Bank Limited in a share-and-cash deal, marking a strategic pivot towards rare earths and niobium development.

Hastings Technology Metals and Wyloo have formalised their joint venture for the Yangibana Rare Earths Project, with Wyloo taking a 60% stake and cancelling A$123 million in exchangeable notes, significantly de-risking the project and reducing Hastings’ funding burden.

Hastings Technology Metals has agreed to sell its Western Australian gold assets to Metal Bank Limited for A$2.3 million in shares, enabling a sharper focus on its flagship rare earths project. The deal includes key management moves and an in-specie share distribution to Hastings shareholders.

Hastings Technology Metals has completed its acquisition of Great Western Gold, gaining a major stake in the Whiteheads Gold Project near Kalgoorlie. The company aims to define a maiden JORC resource by Q4 2025, leveraging extensive historical data and near-term drilling plans.

Hastings Technology Metals has formalized a 60 – 40 unincorporated joint venture with Wyloo for the Yangibana Rare Earths and Niobium Project, significantly reducing capital costs and advancing development. The company also moves to diversify with a conditional acquisition of the Whiteheads Gold Project and appoints Vince Catania as CEO.

Hastings Technology Metals has secured shareholder approval for a joint venture with Wyloo, granting Wyloo a 60% stake and operational control of the Yangibana Rare Earths Project, setting the stage for accelerated development and production.