{"id":231743,"date":"2025-02-22T17:02:00","date_gmt":"2025-02-22T21:02:00","guid":{"rendered":"https:\/\/inspenet.com\/?p=231743"},"modified":"2025-02-22T14:49:28","modified_gmt":"2025-02-22T18:49:28","slug":"wyloo-and-hastings-join-forces-to-develop-rare-earths-project-in-australia","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/wyloo-and-hastings-join-forces-to-develop-rare-earths-project-in-australia\/","title":{"rendered":"Wyloo and Hastings join forces to develop rare earths project in Australia"},"content":{"rendered":"\n<p>Wyloo Metals Ltd has reached a strategic agreement with Hastings Technology Metals Ltd, announcing the <strong>formation of a joint venture (UJV) for the development of the Yangibana project<\/strong> , involving <strong><a href=\"https:\/\/inspenet.com\/en\/news\/researchers-develop-rare-earth-free-electric-motors-using-copper\/\" target=\"_blank\" data-type=\"post\" data-id=\"210417\" rel=\"noreferrer noopener\">rare earths<\/a><\/strong> and niobium in Australia. This agreement establishes Wyloo as the largest shareholder in Neo Performance Materials Inc., by acquiring a significant 19.99% stake in the company.<\/p>\n\n<h2 class=\"wp-block-heading\">Rare earths as a key to the energy transition<\/h2>\n\n<p>Yangibana, one of the most advanced projects in Australia, is projected to be a key source for the global supply of NdPr, an essential component in the <strong><a href=\"https:\/\/inspenet.com\/en\/news\/create-technology-in-permanent-magnets\/\" data-type=\"link\" data-id=\"https:\/\/inspenet.com\/noticias\/crean-tecnologia-en-imanes-permanentes\/\">manufacture of permanent magnets<\/a><\/strong> . In addition, the development of Yangibana <strong>will strengthen Wyloo\u2019s capacity in the supply chain of critical minerals<\/strong> , necessary to drive the energy transition. <\/p>\n\n<p>Wyloo, which has also emerged as a key player in the rare earths sector, <strong><a href=\"https:\/\/www.linkedin.com\/company\/hastings-technology-metals\/posts\/?feedView=all&amp;viewAsMember=true\" data-type=\"link\" data-id=\"https:\/\/www.linkedin.com\/company\/hastings-technology-metals\/posts\/?feedView=all&amp;viewAsMember=true\" target=\"_blank\" rel=\"noreferrer noopener\">is looking to increase its stake in the UJV to 70% in the future<\/a><\/strong> , which will give it even greater control over the rare earth <strong><a href=\"https:\/\/inspenet.com\/noticias\/agencia-nacional-de-mineria-presento-seis-proyectos-de-esmeraldas-en-rueda-de-negocios\/\" data-type=\"post\" data-id=\"39435\" target=\"_blank\" rel=\"noreferrer noopener\">mining project<\/a><\/strong> . The deal also involves <strong>the acquisition of redeemable bonds and a cash payment for additional Neo Performance Materials shares<\/strong> , according to a statement from the company itself. <\/p>\n\n<p>This step solidifies the company&#8217;s position in the <strong><a href=\"https:\/\/inspenet.com\/en\/articulo\/critical-minerals-in-energy-transition\/\" target=\"_blank\" data-type=\"articulo\" data-id=\"211053\" rel=\"noreferrer noopener\">strategic minerals<\/a><\/strong> industry, with a clear focus on the essential elements for sustainable technologies of the future.<\/p>\n\n<p><strong>Follow us on social media and don&#8217;t miss any of our posts!<\/strong><\/p>\n\n<p><a href=\"https:\/\/www.youtube.com\/@inspenet\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a> <a href=\"https:\/\/www.youtube.com\/@inspenet\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn<\/a> <a href=\"https:\/\/www.facebook.com\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a> <a href=\"https:\/\/www.instagram.com\/inspenet\/\" rel=\"nofollow noopener\" target=\"_blank\">Instagram<\/a> X ( <a href=\"https:\/\/www.tiktok.com\/@inspenet?_t=8qqIL6dRGNR&amp;_r=1\" rel=\"nofollow noopener\" target=\"_blank\">Twitter<\/a> <a href=\"https:\/\/x.com\/Inspenetnetwork\" rel=\"nofollow\">)<\/a> <a href=\"https:\/\/www.linkedin.com\/company\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">TikTok<\/a><\/p>\n\n<p><strong>Source and photo: <a href=\"https:\/\/www.linkedin.com\/posts\/wyloo_we-are-excited-to-share-that-today-we-have-activity-7298153595177246720-nDCH?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAEKYikgBjygh5GpRtttit6tTS7TQvMcSdSs\" data-type=\"link\" data-id=\"https:\/\/www.linkedin.com\/posts\/wyloo_we-are-excited-to-share-that-today-we-have-activity-7298153595177246720-nDCH?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAAEKYikgBjygh5GpRtttit6tTS7TQvMcSdSs\" rel=\"nofollow noopener\" target=\"_blank\">Wyloo<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wyloo strengthens its presence in the rare earths and niobium market with a new partnership and acquires 19.99% of Neo Performance Materials.<\/p>\n","protected":false},"author":9014,"featured_media":231501,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13030,13060],"etiqueta_noticias":[],"class_list":["post-231743","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-industry","categoria_noticias-mining"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/231743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=231743"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/231743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/231501"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=231743"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=231743"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=231743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}