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Why Did Iron Road Let a Key Cape Hardy Land Option Expire?
9:22am on Friday 2nd of January, 2026 AEDT
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Why Did Iron Road Let a Key Cape Hardy Land Option Expire?
9:22am on Friday 2nd of January, 2026 AEDT
Key Points
Iron Road declines further extension on 24-hectare Area C land option
Option to purchase Area C lapses as of 31 December 2025
Two remaining land purchase options covering 580 hectares remain with deadlines in 2026 and 2027
Lapse triggers buyback option for Iron Road, subject to Foreign Investment Review Board approval
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