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DRYBLOWER
Dryblower: Hastings' 40% blow-out rattles budding miners
NOBODY exposed to Australian mining needs <i>Dryblower</i> to tell them that the pips are squeaking as costs rise and commodity prices fall though last week’s 40% increase in the estimated cost of building the Yangibana rare earths project in Western Australia was a shocker.
Hastings Technology Metals saw its shares drop by 20% (a technical crash) after reporting the sharp increase along with a new plan to split the project into two phases as a way of saving initial construction...
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