Investor Presentaiton

RMB/Mt NdPr Prices Showing Increased Resilience NdPr Oxide Price (12 months to Sept 2021) Pr6011 25%, Nd203 75% ExW China 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 8/07/2020 8/08/2020 8/09/2020 8/10/2020 8/11/2020 8/12/2020 8/01/2021 8/02/2021 8/03/2021 8/04/2021 8/05/2021 8/06/2021 8/07/2021 8/08/2021 8/09/2021 8/10/2021 8/11/2021 US$ per kg (Real, Aug 2021) Indicative NdPr Pricing Trend 120.0 110.0 100.0 90.0 80.0 70.0 NdPr Oxide Price Forecast Blended Price Deck Lack of new supply continues to cause price escalation Supply deficit is expected to stimulate new project start-ups that increase supply in later period 60.0 2022 2023 2024 2025 2026 2027 2028 2029 2030 Blended Price Deck NdPr Oxide prices have seen continued strength in 2021, now over US$120 per kg (incl. VAT) Source: Asian Metals, 22 November 2021 NdPr oxide prices are expected to strengthen beyond Yangibana construction and into operations. Source: Arithmetic mean of pricing from the following reports: • • Adamas (Rare Earth Magnet Market Outlook to 2030), April 2021 • Roskill (Rare Earths: Outlook to 2030), January 2021 CRU Report Commissioned by Yangibana Project Finance Lenders, August 2021 Hastings Technology Metals Limited (HAS.ASX) Investor Presentation, 25 November 2021 14 HASTINGS Technology Metals Limited

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