SURFACE

Hawsons looks to cut costs

A STRATEGIC review of the Hawsons iron project in South Australia has found project economics and start-up cash flows could be boosted by gaining earlier access to higher grade ore at shallower depths from 30-150 metres, which would require further drilling.

 Hawsons outcrop

Hawsons outcrop

The review concluded that a modified bankable feasibility study should assess a project based on production of 11 million tonnes per annum of magnetite concentrate, rather than the previously stated 20Mtpa....

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