I am particularly curious about the agreement on the right hand side there. 10 years is a pretty solid block of time.
From the most recent quarterly.
"Two other offtake contracts, with globally recognised names, are well advanced and contracts undergoing internal legal review at the respective organisations. With our stated ambition to become the next Australian rare earth producer to come to market, Hastings has entertained discussions with potential customers in Japan and China where opportunities exist for the Company to widen its geographical customer base both in terms of offtake as well as for the spot market when in production. The recent strength in NdPr prices comes at an opportune time for Hastings as it will flow through to the bottom line as separation costs by third parties (or Hastings’ customers) are negotiated on a fixed-price basis.The Yangibana geological advantage,with its unique ore body that has one of the highest NdPr:TREO ratios in the world, is increasingly well understood by prospective offtake customers."
"Hastings is targeting... first production of mixed rare earths carbonate from 2023".
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)