Red Hawk Secures Key Port Allocation for Expansion

Flinders Mines Limited (AU:RHK) has released an update.

Red Hawk Mining Limited has announced a positive development in their negotiations with Pilbara Ports, securing a forecasted annual throughput allocation of 1 million tonnes per annum at Utah Point, beginning in 2026. This allocation is in line with the company’s expansion goals, set forth in their Pre-Feasibility Study, aiming to increase export volumes from 1.2 million tonnes to 5 million tonnes over five years. The announcement is seen as a significant step in the advancement of Red Hawk’s Blacksmith Project, which boasts the largest hematite iron ore project held by a junior company in the Pilbara, with a recent increase in DSO Mineral Resources to 243 million tonnes at 59.3% Fe.

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