Hastings Technology Metals Co., Ltd., a company committed to rare earth mining and exploitation, has seen a 25% increase thanks to the addition of Yangibana project.
The company currently now has a total of 20.91 million mt of mineral ore in its six mine deposits. The grade of the rare earth oxide is 0.9%, and the rare earth oxides have gained by 20% to 190,100 mt.
Among them, the PrNd oxide amounts to 3,400 mt and the neodymium and praseodymium resources combined reach 69,500 mt.
Yangibana project is one of the rare earth projects containing most substantial neodymium and praseodymium resources in the world, and it is expected to put into production in late 2024.
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