The Yangibana Project occupies 650 square kilometres and is located approximately 250 kilometres northeast of Carnarvon in Western Australia. The projected is located on Gifford Creek Station, which covers Thiin-Mah, Warriyangka, Tharrkari and Jiwarli country.
Since the discovery of Yangibana in 2014, the Project has progressed steadily from exploration into construction (early works) and we envisage production to commence by Q2 2025.
Project Snapshot
17 years
Initial mine life
37%
Average NdPr:TREO ratio
Q4 2026
First production
37,000tpa
Stage 1 -concentrate production
3,400tpa
NdPr production equivalent
Unique tier one asset
Yangibana is a world-class rare earths and niobium deposit located in a tier one jurisdiction, containing an unrivalled percentage of NdPr to Total Rare Earth Oxide in the orebody, averaging 37% over the life of mine and up to 52% in some areas of the deposit.
Since the first drill program at Yangibana in 2014, Hastings has continuously grown its resources and reserves through ongoing exploration and metallurgy test work.
The Yangibana Project has a current Mineral Resource of 29.93mt at 0.93% TREO (0.32% Nd2O3+Pr6O11). An Ore Reserve of 20.93mt at 0.90% TREO (0.33% Nd2O3+Pr6O11) supports an expected mine operating life of at least 17 years.
Exploration will remain a focus for Hastings as we look to continuously growth our Resources and Reserves, with aero-magnetic and radiometric surveys from 2018 unveiling extensive areas for future drilling.
Since the first drill program at Yangibana in 2014, Hastings has continuously grown its resources and reserves through ongoing exploration and metallurgy test work.
The Yangibana Project has a current Mineral Resource of 29.93mt at 0.93% TREO (0.32% Nd2O3+Pr6O11). An Ore Reserve of 20.93mt at 0.90% TREO (0.33% Nd2O3+Pr6O11) supports an expected mine operating life of at least 17 years.
Exploration will remain a focus for Hastings as we look to continuously growth our Resources and Reserves, with aero-magnetic and radiometric surveys from 2018 unveiling extensive areas for future drilling.
Average NdPr:TREO Ratio
Average NdPr:TREO ratio surpassing most global projects
Operations
The Yangibana Project will be developed in two stages, with Stage 1 focused on the mine and beneficiation plant to produce a rare earth concentrate.
The mining operations at Yangibana will comprise open pit mining, including conventional drill, blast, load and haul, with an estimated ore feed of 1.1 million tonnes per annum into the processing plant. The mined ore will be processed through a circuit of crushing, grinding, floatation, tailings and handling, with an output of up to 37,000 tonnes per annum of rare earth concentrate at 27% TREO.
In Stage 2, a hydrometallurgical plant will be constructed which will process the concentrate from Yangibana into an intermediate product called a mixed rare earth carbonate (MREC), through a process of cracking, leaching, precipitation and drying.
Once completed, the plant will have an output of up to 15,000 tonnes per annum of MREC at 59% TREO, to be shipped to our customers for further downstream processing into NdPr oxides, which are then metallised and alloyed before being made into a permanent magnet.
The Yangibana Project is fully permitted for first rare earth concentrate production in the first half of 2025.
The mining operations at Yangibana will comprise open pit mining, including conventional drill, blast, load and haul, with an estimated ore feed of 1.1 million tonnes per annum into the processing plant. The mined ore will be processed through a circuit of crushing, grinding, floatation, tailings and handling, with an output of up to 37,000 tonnes per annum of rare earth concentrate at 27% TREO.
In Stage 2, a hydrometallurgical plant will be constructed which will process the concentrate from Yangibana into an intermediate product called a mixed rare earth carbonate (MREC), through a process of cracking, leaching, precipitation and drying.
Once completed, the plant will have an output of up to 15,000 tonnes per annum of MREC at 59% TREO, to be shipped to our customers for further downstream processing into NdPr oxides, which are then metallised and alloyed before being made into a permanent magnet.
The Yangibana Project is fully permitted for first rare earth concentrate production in the first half of 2025.
Once operational, the Yangibana Project will support production of around 3,400tpa of NdPr for use in rare earth magnets over its initial 17-year mine life.
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