Hastings Taps Enuo to Unlock Niobium and By-Product Value at Yangibana and Brockman

Hastings Technology Metals Limited ( (AU:HAS) ) just unveiled an update.

Hastings Technology Metals has signed a binding Technical Services and Research Agreement with Enuo Holdings to conduct targeted metallurgical and beneficiation test work on ore from its Yangibana and Brockman projects, aiming to better understand and recover niobium and other by-products alongside Yangibana’s core NdPr rare earth production. Using Enuo’s processing facilities and expertise in Africa, China and Japan, the program will examine ore composition, flotation behaviour, reagent regimes and product recovery routes to design an integrated flowsheet that improves by-product recovery, broadens Hastings’ product slate, and supports the potential shipment of beneficiated material to overseas processors. The company expects the work to strengthen the economics of the Yangibana joint venture by unlocking additional revenue streams and to advance the technical and commercial case for the Brockman project via shared, capital-efficient metallurgical insights, ultimately enhancing Hastings’ positioning in critical minerals markets such as niobium, hafnium and zircon.

The most recent analyst rating on (AU:HAS) stock is a Sell with a A$0.61 price target. To see the full list of analyst forecasts on Hastings Technology Metals Limited stock, see the AU:HAS Stock Forecast page.

More about Hastings Technology Metals Limited

Hastings Technology Metals is an Australian mineral resources company focused on developing rare earth and niobium projects, notably the Yangibana Rare Earths Project joint venture in Western Australia and the 100%-owned Brockman Niobium Project in the Kimberley, targeting high-grade neodymium-praseodymium (NdPr) output and critical mineral by-products for international markets.

Average Trading Volume: 400,957

Technical Sentiment Signal: Buy

Current Market Cap: A$139.8M

See more data about HAS stock on TipRanks’ Stock Analysis page.