Comprehensive project and strategic investor process update

As part of a comprehensive project update, Hawsons Iron is pleased to announce significant progress in the strategic investor process for the Hawsons Iron Project. Following a meticulous selection phase, seven leading national and international miners, trading houses and steel mills are now undertaking detailed due diligence as part of the process to fund the project’s Bankable Feasibility Study (BFS).

“We’ve completed the first stage of our strategic investor process and provided a copy of the Information Memorandum, financial model and other associated documents to these parties who have qualified following initial presentations and discussions,” says Bryan Granzien, Managing Director. “We aim to complete this strategic investor process within the next few months and commence work on the BFS immediately if successful.”

For further details, including updates on resource definition drilling, optimisation of the project’s transport and export facilities, confirmation of the comminution flowsheet and selection of major equipment, read the ASX Announcement here.

Trucks working at Hawsons Iron Project site