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An announcement from Hawsons Iron Ltd ( (AU:HIO) ) is now available.
Hawsons Iron Ltd has completed its dry comminution test work program and Mineral Resource variability study for the Hawsons Iron Project, with findings supporting a 100% dry processing circuit. This development is expected to enhance the project by reducing costs and environmental impact while improving safety and operational efficiency. The company is working towards an updated Prefeasibility Study and Maiden Ore Reserves, with further piloting in Germany planned to finalize the project’s process design. These advancements are crucial for cost optimization and de-risking the project, potentially benefiting shareholders and positioning the company favorably in the market.
More about Hawsons Iron Ltd
Hawsons Iron Ltd is a company operating in the mining industry, focusing on the extraction and processing of iron ore. The company is engaged in the development of the Hawsons Iron Project in the Braemar region of New South Wales, Australia. Their primary product is iron ore, and they are exploring potential secondary products such as hematite and silica sands.
Average Trading Volume: 746,794
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$14.23M
Find detailed analytics on HIO stock on TipRanks’ Stock Analysis page.