Brisbane Times ·general ·3 hours ago

Hastings eyes US$53M first-year revenue from Thai rare earths plant

Hastings Technology Metals announced an anticipated $53.4 million in first-year revenue from its Kabin Buri Hydromet Plant in Thailand, set for production by year-end. The plant aims to produce 6,000 tonnes of mixed rare earth chloride with projected pretax profits of $21.6 million. Hastings is strategically transitioning to a vertically integrated producer to enhance.

Summary by Glance · Brisbane Times

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