HAS has entered a trading halt pending details concerning...

HAS has entered a trading halt pending details concerning finalisation of a Native Title Agreement.
Hastings is focused on the Yangibana project in Western Australia, which hosts JORC Resources with high neodymium and praseodymium content.
The halt will remain in place until the opening of trade on Tuesday 14th November 2017, or earlier if an announcement is made to the market.

The project is situated 270 kilometres northeast of Carnarvon in the Gascoyne region of Western Australia.
The latest total resource is 13.4 million tonnes at 1.18% total rare earths oxides (TREO) including 0.39% neodymium plus praseodymium oxides (Nd2O 3+Pr2O3).
This represents a 19% increase in contained TREO compared with the October 2015 resource estimate.
The new estimate shows a 22% increase in contained neodymium plus praseodymium, used in the high-growth permanent magnets industry, compared with the previous estimate.
Importantly, the Yangibana project now has a measured resource of 2.15 million tonnes at 0.42% neodymium plus praseodymium oxides.
Hastings also owns the Brockman project in in the East Kimberley Region of Western Australia, containing a total resource of 41.4 million tonnes at 0.21% TREO.
Rare earths are critical to a wide variety of current and new technologies, including smartphones, hybrid cars, wind turbines and energy efficient light bulbs.