Hawsons Iron Ltd · ASX:HIO
Hawsons Iron — Investor Presentation (May 2022)
27 slides from Hawsons Iron's investor presentation, May 2022
Slide 1: Hawsons Iron Investor Presentation May 2022
Hawsons Iron (ASX: HIO) Investor Presentation May 2022 hawsons.com.au
Slide 2: Hawsons Iron Overview
Hawsons Iron Overview Price Premium for World Class Australian Magnetite the Key to Steel Iron Ore Mining Project Industry Decarbonisation 70% Fe Hawsons Supergrade® 70% Fe Product Overview Compelling Clear Pathway to First Expert Board & Decarbonisation and Production Management Team Social Credent
Slide 3: Corporate Snapshot
Hawsons Iron Corporate Snapshot LTM Share Price Performance (A$/sh)(1) Share Price(1) ASX Listing 1.00 A$0.615 HIO 0.80 Total Shares on Issue Market Capitalisation(1) 715m A$440m 0.60 Cash (at 31 March 2022) Debt (at 31 March 2022) 0.40 A$18m nil 0.20 LDA Equity Funding Facility • A$200m Put Option
Slide 4: Investment Highlights
4 Hawsons Iron Investment Highlights Highlights Investment
Slide 5: Investment Highlights
Investment Highlights Hawsons Iron owns 100% of the world class Hawsons magnetite iron ore project and is expected to produce a Hawsons Supergrade® 70% Fe iron ore product well suited to steel industry decarbonisation initiatives and ‘green steel’ production • High quality magnetite iron ore project
Slide 6: Hawsons Iron Project
Hawsons Iron Project Location: 60km southwest of Broken Hill Original production target of 10 Mtpa for 20+ year mine World Class Australian Iron life (BFS to assess both a 10Mtpa and 20Mtpa operation) Ore Mining Project Current JORC 2012 Resource of 3.06 Billion tonnes at 13.1 DTR% for 400 Mt
Slide 7: One of the world's best high-grade iron ore development projects
One of the world’s best high-grade iron ore development projects “One of the world’s best high-grade iron ore development projects excluding replacement or 45 Global iron ore developmentprojects (Wood Mackenzie) expansion projects owned by established majors” World Class Australian Iron (bubble size
Slide 8: Ore body uniquely contained within soft siltstone
Ore body uniquely contained within soft siltstone Not all ores are created equal Hawsons Iron Project ore body deposited in a soft siltstone (a fine- grained silt in a sea) World Class Australian Iron Unlike Pilbara ore bodies deposited in hard silica (a glass-like rock Ore Mining Project called
Slide 9: JORC resource of 400Mt 70% Fe DTR iron ore concentrate
JORC resource of 400Mt 70% Fe DTR iron ore concentrate Mineral Resource is larger than first identified in the Mineral Resource Upgrade PFS World Class Australian Iron DTR Category Mt DTR % Concentrate Density t/m3 Fe Head % Announced JORC Mineral Resource Upgrade 19 Mt Ore Mining Project Octobe
Slide 10: Steel is a critical material for the transition to a low-carbon economy
Steel is a critical material for the transition to a low-carbon economy Materials Critical for Transitionto a Low-carbonEconomy, by TechnologyType Geo-thermal Hydro Nuclear Bio-energy Electricity Concentrated Hydrogen Wind power Solar Electric Networks Solar photo-voltaic vehicles(1) Steel Magnetite
Slide 11: High grade magnetite critical for DRI-EAF green steel alternatives
High grade magnetite iron ore products are critical for DRI-EAF “green steel” alternatives, with potential to reduce steel mill emissions by up to 55% Illustrative Traditional Hematite Steel Mill Scope 1, Scope 2 and Scope 3U emissions Magnetite the Key to Steel Steel Making Process Industry Decarbo
Slide 12: Magnetite the Key to Steel
Magnetite the Key to Steel Industry Decarbonisation “ The next 10 years are critical for steel production. Government policy and demand for green steel will continue to tip the balance in Magnetite the Key to Steel Structural shift widening in the iron ore market Industry Decarbonisation between h
Slide 13: Magnetite the Key to Steel
Magnetite the Key to Steel Industry Decarbonisation Magnetite the Key to Steel Global steel industry responsible for ~7% of global Industry Decarbonisation “ carbon emissions High product grades allow steel mills to optimise their blast furnace burden, reducing costs and decreasing emissions The
Slide 14: Hawsons Supergrade 70% Fe Current Concentrate Grades
70% Fe Hawsons Supergrade® 70% Fe Current Concentrate Grades Price Premium for Hawsons Supergrade® Hawsons Supergrade® iron ore product: Category Fe% SiO2 % Al2O3 % S% P% LOI % - 70% Fe - <3% silica + alumina Indicated 69.9 2.6 0.19 0.002 0.003 -3.0 Will be among the highest-grade iron ore produ
Slide 15: Compelling Decarbonisation and Social Credentials
ESG framework in place, targeting Net Zero mining operations Innovative mining and processing operation planned, Compelling Decarbonisation and targeting Net Zero emissions footprint for our operations Social Credentials Shared vision for a Broken Hill renewable energy hub Targeting a combinat
Slide 16: Production target of 20Mtpa being assessed in the BFS
Production target of 20Mtpa being assessed in the BFS due Dec 2022 Clear Pathway to First Production Study area 2017 Prefeasibility Study 2022 Bankable Feasibility Study Mineral Resource Study based on a Mineral Resource of 200 Mt Study will be based on a Mineral Resource of 400 Mt Project capacity
Slide 17: Transport options to be reviewed as part of the BFS
Transport options to be reviewed as part of the BFS Rail and trans-ship (PFS base case) Clear Pathway to First Production Slurry pipeline to a new port option Hawsons Iron Legend: Transportable Moisture Level (TML) Ocean Going Vessel (OGV) 17
Slide 18: Corridor study area to assess optimal transport and port combination
Corridor study area to assess optimal transport and port combination Key drivers for assessment Clear Pathway to First Production PFS trans-shipment case is limited by rail capacity Scalability – project could reach 20 Mtpa production targets Holistic solution – new transport and new port comb
Slide 19: High quality location in the mining heartland of Broken Hill, NSW
High quality location in the mining heartland of Broken Hill, NSW Clear Pathway to First Production Broken Hill region has long and proud mining history, supportive of mining City with generations of skilled mining workers Low intensity pastoral land Hawsons Iron State Significant developmen
Slide 20: Clear pathway to first production
Clear pathway to first production Recent Achievements Upcoming Milestones Clear Pathway to First Production Resource upgrade to 400Mt (October 2021) + Updated Mineral Resource Statement (mid 2022 target) A$200m LDA funding package secured (December 2021) + Demonstration and process testing resul
Slide 21: Experienced Board of Directors
Experienced Board of Directors with executive background across the steel supply chain, from iron ore operations to steel manufacturing Expert Board & Management Team Mr Dave Woodall Mr Bryan Granzien Non-executive Chairman Managing Director 50 years’ experience in commercial and not‐for‐profit se
Slide 22: Executive management team
Executive management team with significant mining, magnetite iron ore and capital markets experience Expert Board & Management Team Mr Greg Khan Mr Justin Haines Mr Glenn Vassallo Chief Financial Officer | General Manager – Operations Capital Finance Lead Company Secretary B. Business (Accounting)
Slide 23: Advisory Committee
Advisory Committee with a specialist mining and magnetite iron ore track record appointed to ensure the BFS is fit-for-purpose Expert Board & Management Team Mr Nick Jukes Ms Genevieve Gregor Mr Richard Robinson Civil engineer with over 35 years’ experience More than 30 years’ banking and financ
Slide 24: Strong relationships with high quality global partners
HIO has strong relationships Process Engineers with high quality global Worley Group partners including Mineral Technologies Expert Board & Management Team magnetite iron ore experts Owners Team Jukes Todd Non-process infrastructure – Energy Advisian EIS and approvals SLR Consulting Transport (ports
Slide 25: Important information and Disclaimer
Important information and Disclaimer Summary information This presentation has been prepared by the management of Hawsons Iron Ltd (HIO or Company) for the benefit of customers, analysts, brokers and investors and not as specific advice to any particular party or persons. This presentation is for in
Slide 26: Important information and Disclaimer (Cont.)
Important information and Disclaimer (Cont.) Forward-looking statements and forecasts This presentation contains certain “forward-looking statements” and comments about future matters. Forward-looking statements can generally be identified by the use of forward- looking words such as, “expect”, “ant
Slide 27: Corporate Directory
Corporate Directory Business Office Australian Securities Exchange Ltd Level 21 | 12 Creek St ASX Code: HIO Ordinary Shares Brisbane City QLD 4000, Australia Phone: +61 (0)7 3220 2022 Share Registry Link Market Services Limited Postal address Level 21, 10 Eagle Street PO Box 10919, Brisbane, QLD, 40