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Why Did Iron Road Slash Central Eyre Project Value by $96.5m?

8:40am on Friday 20th of February, 2026 AEDT Mining
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Why Did Iron Road Slash Central Eyre Project Value by $96.5m?

8:40am on Friday 20th of February, 2026 AEDT
Key Points
  • Non-cash impairment charge of $96.5 million booked for Central Eyre Iron Project
  • Independent expert review reduces carrying value to $28.2 million
  • Excludes 1,207 hectares of Cape Hardy land holdings valued separately at $9.9 million
  • Half-year accounts expected to be approved on 3 March 2026
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