Hastings Technology Metals has announced a binding agreement with Wyloo Consolidated Investments to form a joint venture (JV) for the Yangibana rare earth and niobium project, with Wyloo holding a 60% stake and management control in the project to advance its development. Hastings will retain a 40% equity interest in the unincorporated joint venture, while Wyloo will lead the project development, financing, and technical delivery aspects. The joint venture aims to bring the Yangibana project to a final investment decision and production, delivering rare earths and niobium from the Gascoyne region of Western Australia.