IN BRIEF: Cadence notes Hastings Tech's strategy for Yangibana mine
31st May 2023 14:19
Cadence Minerals PLC - London-based early stage investment and development company within the mineral resource sector - Notes Hastings Technology Metals Ltd's introduction of development strategy for the Yangibana rare earths project in Australia. Says initial focus will be on the construction of the Yangibana mine to produce rare earths concentrate, and develop a hydrometallurgical plant to produce mixed rare earth carbonate. Adds, the strategy will reduce upfront capital requirements and project execution risks, as well as target cashflow by the first quarter of 2025. Total project capital cost estimated at USD948 million. Read More