Hawsons Iron Project – World’s Best Iron Ore products

The Company currently has a majority interest in the Hawsons Iron Project, in addition to other magnetite interests in the emerging Braemar Iron Province. Prefeasibility study results (refer ASX announcement 28 July 2017) have shown that Hawsons is capable of producing the world’s highest-grade iron product (70% Fe), making it the world’s leading undeveloped high-quality iron ore concentrate and pellet feed project. Independent experts have also outlined competitive costs for the project within the first quartile of the global iron ore cost curve, aided by Hawsons’ uniquely soft ore. Importantly, Hawsons is located just 60 kilometres south-west of the Silver City, providing access to established rail, road, port and power infrastructure in a region with a long and proud mining history and a city with generations of skilled mining workers. And with the structural shift widening in the iron ore market between higher and lower grade ores, Hawsons is perfectly placed to attract premium prices for its high-grade product, rewarding our shareholders and delivering jobs and investment for Broken Hill and Australia.