Investor Presentaiton
Offtake Contracts
~70% of production contracted for 10 yrs with strong offtake counterparties
Offtake
Counterparty
SCHAEFFLER
Contract Status
Master Supply Agreement
Signed Jun 2020 (2)
5,000t MREC p.a.
Quantity
Pricing and
Delivery Point
Under negotiation
Tenor
10+ years
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HASTINGS
Technology Metals Limited
thyssenkrupp
Binding Offtake contract
Signed Apr 2021 (3)
9,000t MREC p.a. yrs 1-5
5,000t MREC p.a. yrs 6 - 10
Referenced to Asian Metals average 90-days mid Ex
Works price or at an agreed price between the parties.
Point of delivery is any Western Australian port.
10 years
SKYROCK
Binding Offtake Agreement
Signed Nov 2018 (1)
2,500t MREC p.a.
Referenced to Asian Metals published "90 days mid" Ex
Works of each Rare Earth Oxide contained in the MREC
product prior to shipping via FOB Fremantle Port
Western Australia.
5 Years Fixed Term with 2 year
flexible ramp-up of supply.
Offtake
Counterparty
Contract Status
Quantity
Tenor
European T1 Automotive Component Supplier
MOU signed Apr 2020 - contract negotiations to supply NdPr oxides
Under negotiation
Under negotiation
1 Refer ASX announcement "Hastings Signs Off-Take Contract with Sky Rock Rare Earth New Materials Co Ltd", dated 29 Nov 2018
2 Refer ASX announcement "Hastings Signs Long Term Master Agreement with German Automotive Tier 1 Supplier, Schaeffler Technologies AG", dated 3 June 2020
3 Refer ASX announcement "Hastings Signs Major Offtake with thyssenkrupp Materials Trading GmbH", dated 20 April 2021
Hastings Technology Metals Limited (HAS.ASX)
Investor Presentation, 25 November 2021View entire presentation