Hastings Technology Metals to Acquire Thai Hydrometallurgical Mixed Rare Earth Chloride Processing Facility, Shares Fall 4%

MT Newswires Live

Mar 31

Hastings Technology Metals (ASX:HAS) executed a binding term sheet with Singapore-based Enuo Holdings, which owns a fully-permitted hydrometallurgical mixed rare earth chloride processing facility in Kabin Buri, Thailand, for a total consideration capped at $15 million, including Hastings shares, production-contingent deferred payments, as well as commissioning costs funded by Enuo, according to a Tuesday Australian bourse filing.

Around 23 million Hastings shares will be issued as part of the consideration, fixed at AU$0.50 per share and representing around 8% of the firm's fully diluted share capital.

Hastings plans to apply for Thailand's Board of Investment promotion for the plant's rare earth processing operations.

Its shares fell 4% in recent trading on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2623376941"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2623376941\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2623376941?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-31 09:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2623376941","market":"sh","top_or_hot":-1,"title":"Hastings Technology Metals to Acquire Thai Hydrometallurgical Mixed Rare Earth Chloride Processing Facility, Shares Fall 4%","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/HSRMF\">Hastings Technology</a> Metals (ASX:HAS) executed a binding term sheet with Singapore-based Enuo Holdings, which owns a fully-permitted hydrometallurgical mixed rare earth chloride processing facility in Kabin Buri, Thailand, for a total consideration capped at $15 million, including Hastings shares, production-contingent deferred payments, as well as commissioning costs funded by Enuo, according to a Tuesday Australian bourse filing.</p><p>Around 23 million Hastings shares will be issued as part of the consideration, fixed at AU$0.50 per share and representing around 8% of the firm's fully diluted share capital.</p><p>Hastings plans to apply for Thailand's Board of Investment promotion for the plant's rare earth processing operations.</p><p>Its shares fell 4% in recent trading on Tuesday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hastings Technology Metals to Acquire Thai Hydrometallurgical Mixed Rare Earth Chloride Processing Facility, Shares Fall 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHastings Technology Metals to Acquire Thai Hydrometallurgical Mixed Rare Earth Chloride Processing Facility, Shares Fall 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-03-31 09:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/HSRMF\">Hastings Technology</a> Metals (ASX:HAS) executed a binding term sheet with Singapore-based Enuo Holdings, which owns a fully-permitted hydrometallurgical mixed rare earth chloride processing facility in Kabin Buri, Thailand, for a total consideration capped at $15 million, including Hastings shares, production-contingent deferred payments, as well as commissioning costs funded by Enuo, according to a Tuesday Australian bourse filing.</p><p>Around 23 million Hastings shares will be issued as part of the consideration, fixed at AU$0.50 per share and representing around 8% of the firm's fully diluted share capital.</p><p>Hastings plans to apply for Thailand's Board of Investment promotion for the plant's rare earth processing operations.</p><p>Its shares fell 4% in recent trading on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2623376941","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2623376941","pubTimestamp":1774921858,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hastings Technology Metals  executed a binding term sheet with Singapore-based Enuo Holdings, which owns a fully-permitted hydrometallurgical mixed rare earth chloride processing facility in Kabin Buri, Thailand, for a total consideration capped at $15 million, including Hastings shares, production-contingent deferred payments, as well as commissioning costs funded by Enuo, according to a Tuesday Australian bourse filing.Around 23 million Hastings shares will be issued as part of the consideration, fixed at AU$0.50 per share and representing around 8% of the firm's fully diluted share capital.Hastings plans to apply for Thailand's Board of Investment promotion for the plant's rare earth processing operations.Its shares fell 4% in recent trading on Tuesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","HAS.AU":"Hastings Rare Metals Ltd"},"translate_title":"Hastings Technology Metals将收购泰国湿法冶金混合氯化稀土加工厂，股价下跌4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HAS.AU":1},"content_text":"Hastings Technology Metals (ASX:HAS) executed a binding term sheet with Singapore-based Enuo Holdings, which owns a fully-permitted hydrometallurgical mixed rare earth chloride processing facility in Kabin Buri, Thailand, for a total consideration capped at $15 million, including Hastings shares, production-contingent deferred payments, as well as commissioning costs funded by Enuo, according to a Tuesday Australian bourse filing.Around 23 million Hastings shares will be issued as part of the consideration, fixed at AU$0.50 per share and representing around 8% of the firm's fully diluted share capital.Hastings plans to apply for Thailand's Board of Investment promotion for the plant's rare earth processing operations.Its shares fell 4% in recent trading on Tuesday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}