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Hawsons Iron Ltd ( (AU:HIO) ) has issued an update.
Hawsons Iron has begun a process waste handling and management optimisation study for its Hawsons Iron Project, commissioning engineering group TAKRAF to assess replacing haulage trucks with long conveying systems to cut capital, labour and fuel costs. The study is due to conclude in May, with results to be released after Hawsons’ review, potentially influencing the project’s operating model and cost base.
The company has also launched a study into liberating non-magnetic iron from process waste to create a hematite byproduct revenue stream, building on earlier CSIRO analytical work and overseen by a specialist mineral processing engineer. During the quarter Hawsons completed a $2.2 million share placement to fund initiatives aimed at lifting project economics, lowering development risk and supporting a smooth transition to a final feasibility study planned for 2026, while maintaining active engagement with government and local community stakeholders amid cash reserves of $1.0 million at the end of March 2026.
More about Hawsons Iron Ltd
Hawsons Iron Ltd is an Australian resources company focused on developing the Hawsons Iron Project near Broken Hill. The company is working to produce high-grade iron ore products and explore additional revenue streams from byproducts, with an emphasis on improving project economics and reducing development risk as it advances toward feasibility studies.
Average Trading Volume: 1,866,287
Technical Sentiment Signal: Sell
Current Market Cap: A$21.34M
For an in-depth examination of HIO stock, go to TipRanks’ Overview page.