Hastings Technology Metals Resolves Note Issue and Reports Strong Results

Hastings Technology Metals Limited (AU:HAS) has released an update.

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Hastings Technology Metals Limited has resolved a potential default issue with Wyloo over its Exchangeable Notes and is progressing with the development of its Yangibana Rare Earths and Niobium Project. Additionally, Hastings reported strong third-quarter results from its strategic stake in Neo Performance Materials, with a 50% increase in EBITDA and a construction update on Neo’s European magnet facility. These developments highlight Hastings’ commitment to advancing its projects and securing strategic investments to benefit shareholders.

For further insights into AU:HAS stock, check out TipRanks’ Stock Analysis page.

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