Advanced acquisition of a 49% stake in a Thai rare earths plant, doubled planned MREC output to 12,000tpa, and released an updated DFS for Yangibana with a pre-tax NPV of A$649 million and 34% IRR. Closed the quarter with A$3.76M cash and secured new strategic investment.Original document: Hastingsā¦
Advanced acquisition of a 49% stake in a Thai rare earths plant, doubled planned MREC output to 12,000tpa, and released an updated DFS for Yangibana with a pre-tax NPV of A$649 million and 34% IRR. Closed the quarter with A$3.76M cash and secured new strategic investment.
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