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Hawsons uncovers a second iron product as magnetite grade reaches 69.3% Fe
8:16am on Thursday 29th of October, 2026 AEDT
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Mining
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Hawsons uncovers a second iron product as magnetite grade reaches 69.3% Fe
8:16am on Thursday 29th of October, 2026 AEDT
Key Points
69.3% Fe magnetite concentrate confirmed through bulk elutriation
Potential 55-60% Fe hematite by-product remains subject to optimisation
Hematite testwork recovered 75% of iron from the non-magnetic stream
Share purchase plan raised $1.23 million at $0.011 per share
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Hawsons Iron (ASX:HIO)
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