Hawsons Iron LtdASX: HIO

Byproduct Testwork Update

· Issued by Hawsons Iron Ltd

Filed with ASX · · 12 pages · English

Summary by 6ix AI

Hawsons Iron Ltd has released an update on its Hematite Recovery Testwork Program, detailing successful results from byproduct recovery tests conducted on the non-magnetic stream of its processing circuit. The testwork identified a viable method to recover additional iron, primarily hematite, achieving significant separation of iron from silica and alumina. Future work will focus on optimizing the recovery process and assessing the potential for a commercially viable hematite concentrate alongside the planned magnetite production. This update outlines the next steps in the testwork program, which will run concurrently with the ongoing Feasibility Study for the Hawsons Project.

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