Western Australia rare earth miner receives enviro permits
Hastings Technology Metals (ASX:HAS) said today it received its environmental approvals for mining rare earths at the Yangibana rare earths project.
The company said approvals are in place to construct and operate an open pit rare earths mine, processing facility and associated support infrastructure, approximately 270 km east-northeast of Carnarvon, Western Australia.
The company said the permitting process lasted over four years.
Hastings said the next step is making the economics work.
"The immediate focus of the Company is the continuing improvement of the economics of the Yangibana Project by progressing a number of mining, metallurgical and process design and research initiatives that expand on the studies completed as part of the Definitive Feasibility Study (DFS) released in November 2017. All work streams are geared to ensure the Project is capable of being financed and brought into production within the current rare earth pricing environment," said Hastings in a news release.