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Lew buying more Hastings shares as Yangibana rare earths project takes shape

THERE are a lot of balls in the air but indications are Hastings Technology Metals may need to raise around A$200 million in equity for development of the Yangibana rare earths project in Western Australia.

Michael Quinn
Yangibana during the exploration phase

Yangibana during the exploration phase

Clarity on Yangibana's capex could emerge in the next few weeks, with Macquarie, Barrenjoey and Canaccord Genuity having current estimates around the $800 million mark. Speaking on an investors conference...

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