The Age ·general ·2 hours ago

Hastings eyes US$53M first-year revenue from Thai rare earths plant

Hastings Technology Metals expects to generate $53.4 million in first-year revenue from its Kabin Buri Hydromet Plant in Thailand, which aims for initial production in the last quarter of 2023. The facility will produce 6,000 tonnes of mixed rare earth chloride, potentially leading to a pretax profit of $21.6 million.

Summary by Glance · The Age

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