Hastings announces first MOU with Baotou Sky Rock for supply of Mixed Rare Earth

[Sparty]

Hastings Technology Metals Limited’s (ASX:HAS) is pleased to advise that it has signed the first
Memorandum of Understanding (MOU) with Baotou Sky Rock Rare Earth New Material Co. Ltd (Sky Rock). Under the MOU the parties have outlined their intent to enter into a binding commercial offtake agreement for the sale by Hastings and purchase by Sky Rock of Mixed Rare Earth Carbonate (“MREC”), which will be produced from Yangibana, Western Australia.

Read the full announcement (pdf)