Hastings Technology Metals Limited (AU:HAS) has released an update.
Hastings Technology Metals Ltd announces a significant restructure to enhance efficiency and cut costs as it prepares for the next stage of its Yangibana Rare Earths Project. The change includes a reduction in workforce and a management shake-up, with the current CEO, Mr Paul Brown, set to depart by the end of May 2024, and Mr Tim Gilbert stepping into the COO role. The company remains focused on strategic financing options and project optimization, aiming to create long-term shareholder value.
For further insights into AU:HAS stock, check out TipRanks’ Stock Analysis page.
