Hastings Technology Metals has been granted an environmental permit for its Yangibana rare earths project in Western Australia.
The approval allows Hastings to move forward on the project to eventually produce rare earth carbonate on site.
It will now move into the next stage of the project’s development, which will focus on the final project design and engineering in preparation for taking it into construction by the end of the year.
The permit’s conditions for the project require ongoing compliance with additional flora and vegetation surveys and monitoring, groundwater abstraction monitoring and water level monitoring of the nearby stygofauna habitat.
The Yangibana project includes the development of five open pit mines, groundwater abstraction, on-site processing plant for the ore, tailings storage facilities, supporting infrastructure and an airstrip.
Hastings executive chairman Charles Lew said the company was excited to reach the milestone in the developing the Yangibana project.
“This environmental permit demonstrates that the Yangibana Project will not have a significant impact on the environment by implementing commitments in the environmental review document and the conditions of the ministerial statement,” he said.
“Hastings is on track to construct and operate a rare earths mining operation that will contribute to a more sustainable use of energy worldwide and be part of the e-mobility revolution.”
Yangibana incorporates a processing plant to treat rare earths deposits, predominately monazite, hosting high neodymium and praseodymium contents to product a mixed rare earths carbonate that will be further refined into individual rare earth oxides at processing plants overseas.
Neodymium and praseodymium are vital components in the manufacture of permanent magnets, which are used in a wide and expanding range of advanced and high-tech products, including electric vehicles, wind turbines, robotics, medical applications and others.
Hastings aims to become the next significant producer of neodymium and praseodymium outside of China.