Hawthorn Resources Limited (AU:HAW) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Hawthorn Resources Limited, in partnership with Hancock Magnetite Holdings and Legacy Iron, has announced the unanimous approval of a A$20M Forward Works Program for the Mt Bevan Magnetite Project. The program aims to enhance the project by securing necessary tenure, conducting environmental surveys, and exploring optimization avenues, setting the stage for a Feasibility Study and a future Financial Investment Decision. The two-year program is a strategic move to de-risk the project and assess its potential before committing to larger investments.
For further insights into AU:HAW stock, check out TipRanks’ Stock Analysis page.