Small extract from announcement dated 4th July. May be worth...

Small extract from announcement dated 4th July. May be worth reading the entire release.



However, in recent weeks, Hastings received alternative funding proposals from strategic parties that are currently being evaluated and which may substantially alter the proposed final funding and debt-equity structure for the Yangibana Rare Earths Project. With the strong projected demand growth for permanent magnets and therefore NdPr over the next decade, some of the funding discussions revolve around the opportunities emerging for Hastings to participate in downstream processing facilities in Europe.