InvestSMART

Hawsons Iron Ltd (ASX:HIO)

ALERT: Price-sensitive ASX Announcement for HIO
Current share price for HIO : $0.014 -0.009 (-39.13%)+
Announcement
Release
29 Oct 2025 8:24AM
Price at Release
$0.023
Full Release
download
Summary
Hawsons Iron Ltd has announced the successful completion of the first phase of research testing with CSIRO, focusing on the mineralogy of non-magnetic iron tailings to develop a strategy for secondary product recovery. The study revealed the tailings were composed mainly of hematite and quartz with minor phosphates, supporting further exploration into the economic feasibility of recovering hematite. Although these results are promising, they will not affect the current prefeasibility study, which remains concentrated on magnetite production. CSIRO's Kick-Start program provided financial support for this research initiative.
Key Points
  • Completion of the first phase of CSIRO research project on non-magnetic iron tailings.
  • Dominant tailings components include hematite and quartz.
  • Presence of minor phosphate minerals indicates potential for hematite recovery.
  • Research funded by CSIRO Kick-Start program.
  • Findings will not affect current magnetite production prefeasibility activities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.