Hawsons Iron Ltd · ASX:HIO
Hawsons Iron — Brisbane Mining Club luncheon 2022
38 slides from Hawsons Iron's conference presentation, Aug 18, 2022
Slide 1: Presentation to Brisbane Mining Club (ASX cover letter)
For personal use only Wednesday, 18 August 2022 The Companies Officer Australian Securities Exchange Ltd 20 Bridge Street SYDNEY NSW 2000 Dear Madam or Sir PRESENTATION TO BRISBANE MINING CLUB Hawsons Iron Ltd (ASX: HIO) advises that our Managing Director, Mr Bryan Granzien has been invited to prese
Slide 2: Hawsons Iron (ASX: HIO) Brisbane Mining Club
For personal use only Hawsons Iron (ASX: HIO) Brisbane Mining Club 18 August 2022 hawsons.com.au
Slide 3: Hawsons Iron Overview
Hawsons Iron Overview For personal use only World Class Australian Magnetite the Key to Steel Price Premium for Iron Ore Mining Project Industry Decarbonisation 70% Fe Hawsons Supergrade® 70% Fe Product Overview Compelling Clear Pathway to First Expert Board, Decarbonisation and Production Managemen
Slide 4: Introduction: Who we are
3 Hawsons Iron For personal use only Introduction Who we are Hawsons Iron Who we are at
Slide 5: Magnetite the Key to Steel Industry Decarbonisation
Magnetite the Key to Steel Industry Decarbonisation For personal use only Global steel industry responsible for “ Magnetite the Key to Steel Industry Decarbonisation ~7% of global carbon emissions Producing green Transition from blast furnaces to DRI for low emissions steel steel from hydrogen T
Slide 6: High grade potential to reduce steel mill emissions by up to 55%
High grade potential to reduce steel mill emissions by up to 55% For personal use only Illustrative Traditional Hematite Steel Mill Scope 1, Scope 2 and Scope 3U emissions Magnetite the Key to Steel Industry Decarbonisation Steel Making Process (kg CO2/t crude steel)(1) Coking Coal Coke Oven Scope 3
Slide 7: Hawsons Iron Project – World Class Australian Project
Hawsons Iron Project – World Class Australian Project Broken For personal use only Eastern tip of Hill Braemar iron region World Class Australian Iron 60km southwest Ore Mining Project of Broken Hill Current 2012 Port Pirie JORC Resource of 3.95 Billion tonnes for 484 Mt of Hawsons Iron concen
Slide 8: 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 For personal use only development projects excluding replacement or expansion projects owned by established majors” 45 Global iron ore development projects (Wood Mackenzie) World Class Austr
Slide 9: Large-scale and high grade
Large-scale and high grade For personal use only Australian magnetite developments – (Mtpa concentrate) Australian magnetite projects – concentrate grade (% Fe) Concentrate zGrade (% Fe) Hawsons Supergrade® 70% Fe iron ore product expected World Class Australian Iron Large scale with 20Mtpa BFS unde
Slide 10: Price Premium Recognised for High Quality Iron Ore
70% Fe Price Premium Recognised for High Quality Iron Ore Price Premium for Hawsons Supergrade® For personal use only CFR North China Spot Iron Ore Prices (US$/tonne)(1) Hawsons Iron 9 Notes: (1) 58%, 62% and 65% Fe prices based on CFR North China Spot, S&P Platts Global of 12 August 2022. Indicativ
Slide 11: The long road to overnight success
The long road to overnight success For personal use only Seltrust Broken Hill Mining Carpentaria World Class Australian Iron South Limited CRAE Corporation Resources Ore Mining Project 1965 – 1980 1981 1986 1988 2009 2010 2016 1970 Hawsons Iron CRAE Conzinc Carpentaria Carpentaria Mobil Energy Rioti
Slide 12: Key Milestones and Upcoming Developments
Key Milestones and Upcoming Developments Milestones and Upcoming Developments “ For personal use only Key Milestones Sep-20 May-21 Oct-21 Jan-22 Mar-22 May-22 Jun-22 July-22 Jul-21 Aug-21 Hawsons JV Completion of Hawsons Iron BFS Advisory Starlight Dave Woodall 20Mtpa option Updated A$35.6m Rebrand
Slide 13: Mineral Resource - Geology
Mineral Resource - Geology For personal use only The Hawsons Iron Project is situated within folded, upper greenschist facies Neoproterozoic rocks Mineral Resource – Geology of the Adelaide Fold Belt. The Braemar Facies magnetite ironstone is the host and comprises a series of magnetite-bearing
Slide 14: Mineral Resource: Prospects on aeromagnetic image
World Class Australian Iron 13 Hawsons Iron For personal use only Ore Mining Project Mineral Resource T WONGA FOLD Prospects on aeromagnetic image
Slide 15: Mineral Resource – 2021/22 Drilling Program
Mineral Resource – 2021/22 Drilling Program For personal use only The 2021-22 exploration program was comprised of drilling: Mineral Resource – Drilling 3 fully cored geotechnical holes 8 partially-cored geotechnical holes 55 infill Resource upgrade holes 2 large diameter holes Hawsons Iron
Slide 16: Mineral Resource – Drilling Program
Mineral Resource – Drilling Program For personal use only Mineral Resource – Drilling Hawsons Iron Above: Cross-section through the Core West area showing the dipping sediments and core intersections from previous drilling (source: CAP, 2010). Left: Drillhole location plan within the 2017 mine plan
Slide 17: Mineral Resource – Drilling Program
16 Hawsons Iron Mineral Resource – Drilling For personal use only Mineral Resource – Drilling Program
Slide 18: Mineral Resource – Drilling Program: Weather events
Mineral Resource – Drilling Program For personal use only Mineral Resource – Drilling Weather events 2021 – 2022 Hawsons Iron 17
Slide 19: Mineral Resource – Drilling Program
18 Hawsons Iron Mineral Resource – Drilling For personal use only Mineral Resource – Drilling Program
Slide 20: Mineral Resource – Drilling Program
19 Hawsons Iron Mineral Resource – Drilling For personal use only Mineral Resource – Drilling Program
Slide 21: Mineral Resource – Drilling Program
20 Hawsons Iron Mineral Resource – Drilling For personal use only Mineral Resource – drilling program
Slide 22: Mineral Resource upgrade – PFS 2017 vs July 2022
Mineral Resource For personal use only Mineral resource upgrade – PFS 2017 July 2022 JORC Resource JORC Measured, Indicated and Inferred Resources of JORC Inferred and Indicated Resources of 2.5 billion tonnes at a magnetite recovery of 14% (Davis Tube 3.95 billion tonnes at a magnetite recovery of
Slide 23: Mineral Resource Upgrade July 2022
Mineral Resource For personal use only Mineral Resource Upgrade July 2022 Category Mt DTR % DTR Concentrate Mt Density t/m3 Fe Head % JORC Resource Measured 390 13.7 54 3.09 Indicated 1,600 12.0 193 3.05 17.3 Inferred 1,960 12.2 239 3.16 16.6 Hawsons Iron Total 3,950 12.2 484 3.11 16.8 (minor roundi
Slide 24: 70% Fe Hawsons Supergrade® Concentrate Grades
70% Fe Hawsons Supergrade® Current Concentrate Grades For personal use only Hawsons Supergrade® iron ore product: Category Fe% SiO2 % Al2O3 % S% P% LOI % Hawsons Supergrade® • 70% Fe Measured 69.6 2.8 0.22 0.001 0.004 -3.0 • 3.5% silica + alumina Indicated 69.0 3.3 0.27 0.003 0.007 -2.8 Among th
Slide 25: Ore body uniquely contained within soft siltstone
Ore body uniquely contained within soft siltstone For personal use only Energy-saving in crushing and grinding: Not all ores are created equal Hawsons Iron Project ore body deposited in a soft siltstone (a fine-grained silt in a sea) Hawsons Soft Ore Unlike Pilbara ore bodies deposited in hard
Slide 26: Pit to Port: Major Project status
NSW State Significant Development Pit to Port National Major Project status SA Major Project application lodged For personal use only Pit to Port Hawsons Iron 25
Slide 27: Hawsons Iron Project - Pit to Port
Hawsons Iron Project - Pit to Port For personal use only Conventional open cut truck and shovel Conventional Pit to Port tailings storage facility. Hawsons Iron Legend: Transportable Moisture Level (TML) Ocean Going Vessel (OGV) 26
Slide 28: Port Development
Port Development For personal use only “ Land Option Agreement to purchase land suitable for export facility at Myponie Point Port Development MOU signed with Flinders Ports to co-operate on development and operation for exports of 20Mtpa Royal HaskoningDHV developing port design Hawsons Iron
Slide 29: ESG framework in place, targeting Net Zero mining operations
ESG framework in place, targeting Net Zero mining operations For personal use only Innovative mining and processing planned, targeting Compelling Decarbonisation and Net Zero emissions footprint Shared vision for a Broken Hill renewable energy hub Social Credentials Targeting a combination of
Slide 30: High-quality global partners
High-quality global partners Owners Team Process Engineers For personal use only Jukes Todd Worley Group Mineral Technologies Non-process EIS and approvals infrastructure – Energy Expert partners SLR Consulting Advisian Geology Transport (ports) H&Sc Royal Haskoning Hawsons Iron Geotechnical Transpo
Slide 31: Experienced Board of Directors
Experienced Board of Directors For personal use only Mr Dave Woodall Mr Bryan Granzien Non-executive Managing Director Chairman Expert Board Hawsons Iron Mr Jon Parker Mr Paul Cholakos Non-executive Non-executive Director Director 30
Slide 32: Advisory Committee and Management Team
Advisory Committee for fit-for-purpose BFS For personal use only Expert Team Mr Nick Jukes Ms Genevieve Gregor Mr Richard Robinson Management Team with significant mining experience Hawsons Iron Mr Greg Khan Mr Andre du Mr Justin Haines Mr Ray Koenig Chief Financial Officer Preez Geology and Mining
Slide 33: Exciting road ahead
Exciting road ahead 32 Hawsons Iron For personal use only An exciting road ahead
Slide 34: Thank you
33 Hawsons Iron For personal use only Thank you Thank you Hawsons Iron Who we are at
Slide 35: Annexure - Large Scale and High-Grade Projects Peer Comparison
Annexure 1 - Large Scale and High-Grade Projects - Peer Comparison Information For personal use only Peer Comparison Information Code Project Report Date Stage Phase of development ASX announcement ‘US$2.6 billion Iron Bridge Magnetite Project FMG Iron Bridge 02.04.19 Pre-production Prefeasibility s
Slide 36: 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 For personal use only to any particular party or persons. This
Slide 37: 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- For personal use only looking words s
Slide 38: Corporate Directory
For personal use only 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 10