Hawsons Iron Ltd · ASX:HIO
Hawsons Iron — Shareholder Meeting (November 2024)
23 slides from Hawsons Iron's shareholder meeting presentation, Nov 28, 2024
Slide 1: Revised AGM Presentation announcement
28 November 2024 Revised AGM Presentation Hawsons Iron Ltd (ASX:HIO) (“Company”) wishes to advise of several amendments to the AGM Presentation released to the ASX on 26 November 2024: Page 9: The reference to the “The Project plan is to produce approx. 10-11Mtpa of magnetite concentrate per year” h
Slide 2: Chairman's Address
HAWSONS IRON LIMITED ANNUAL GENERAL MEETING OF SHAREHOLDERS Tuesday, 26 November 2024 at 10:00am CHAIRMANS ADDRESS: By Non-Executive Chairman, Mr Jeremy Kirkwood For personal use only Good morning fellow Shareholders and thank you for your attendance today, both in person and online. I would like to
Slide 3: Chairman's Address (continued)
We commenced the Strategic Investor process early this year with a number of parties given confidential access to detailed project information. They were also provided with an outline of how an investment would be structured from our perspective. We proposed that in return for BFS funding the succes
Slide 4: Powering the Green Steel Transformation: 2024 Annual General Meeting
POWERING THE GREEN STEEL TRANSFORMATION For personal use only 2024 Annual General Meeting Nov 2024
Slide 5: Important Information & Disclaimer
Important Information & 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 to any particular party or persons. This presentation is for info
Slide 6: 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-looking words such as, “expect”, “anti
Slide 7: Board and Senior Management
Board and Senior Management For personal use only Jeremy Kirkwood Tom Revy Paul Cholakos Hon Tony McGrady, AM Non-Executive Chairman Chief Executive Officer Non-Executive Director Non-Executive Director •B. Commerce •BAppSc, Metallurgy •MBA & B. Engineering (Mining) •50 years’ experience in local an
Slide 8: Our strategy
For personal use only Our strategy is to leverage our expertise in project development and mining, to become a leading global supplier of sustainably and responsibly produced premium magnetite products.
Slide 9: Hawsons Iron Project Summary
Hawsons Iron Project Summary The HIO Project is located southwest of Broken Hill, 12 km from the South Australian border For personal use only The Project plan is to produce approx. 10Mtpa1 of magnetite concentrate per year from a total Mineral Resource of 4.4Bt at 11.4% DTR2; long life mine The Pro
Slide 10: Tier Location
Tier 1 Location Low Risk Jurisdiction For personal use only • Access to all necessary infrastructure • Awarded Major Project status by the Australian Government • Highly supportive community – Broken Hill • Located in an area which has had >130 continuous years of mining • Access to highly skilled w
Slide 11: Established Infrastructure
Established Infrastructure For personal use only • Below rail : ARTC • Above rail : Aurizon or Pacific National Broken Hill (70km NE) • Hospital & RFDS Facilities • Rail hub • Aggregate quarry • Established HIO yard • Power line from Mildura • Adelaide: Flinders Ports • Engaged Community
Slide 12: The World is Chasing Hawsons Grade (68.5%+ Fe)
The World is Chasing Hawsons Grade (68.5%+ Fe) For personal use only Current Pricing 12 Nov 2024 68.5% Fe Premium Qingdao Port, CFR Equiv.* Range Estimate • 58% Fe US$90/dmt 65% Fe Premium Discount 12% 62% Fe 58% Fe Discount • 65% Fe US$121/dmt Premium 17% • 68.5% Fe Est. Premium 25-35% 2023 2024 Ir
Slide 13: Superior Metallurgical Properties
Superior Metallurgical Properties For personal use only The benefits of Hawsons Material • HIO material deposited in a soft siltstone (a fine-grained silt in a sea) • Significantly less energy used to crush and grind to extract the magnetite concentrate vs traditional ‘hard rock’ magnetite Not all o
Slide 14: Enhancing Value: Corporate
Enhancing Value Corporate (last 6 months) For personal use only Updated Company activities and importance of Hawson Project to key Government stakeholders including: • NSW Premier, Chris Minns • Minister for Natural Resources, Courtney Houssos • Project Director, Steel Task Force at Department of En
Slide 15: Enhancing Value: Hawsons Iron Project
Enhancing Value Hawsons Iron Project (last 6 months) 34% increase in Measured Mineral Resources to 528Mt and For personal use only 19% increase in Indicated Mineral Resources to 1,882Mt 1 The Fold Zone confirmed as a shallow, high-grade resource, still open to the south; priority target Optimisation
Slide 16: Strategic Investors
Strategic Investors For personal use only Identify suitable strategic Investors, complete high-level Stage 1 presentations / discussions (under mutual NDA) & short list Complete detailed due diligence, discuss updates including Stage 2 current optimisation program benefits, undertake site visits & c
Slide 17: Planned Development Pathway
Planned Development Pathway* Adding Value and De-risking the Hawsons Project For personal use only 1. Fold identified mid-2024 as a priority “start-up” area 4. Inputs required: • Project development schedule Forms the basis of the whole development process • Production schedule Ongoing with completi
Slide 18: What Could This Mean?
What Could This Mean? Completed Optimisation Review Technical Outcome Financial Target Variability & metallurgical test Critical input into final flow sheet Higher financial certainty For personal use only work program (Fold Area) Total iron used in mine planning Decrease in overall future Decreased
Slide 19: Planned Development Pathway: Engagement
Planned Development Pathway* Adding Value and De-risking the Hawsons Project For personal use only Ongoing engagement with : • Shareholders / investors • Government / regulators • Broken Hill Indigenous Community • Broader Broken Hill Community • Local pastoralists Plans to follow ICMM principles Ac
Slide 20: All Stakeholders Win
All Stakeholders Win Collective Opportunity For personal use only • Hawsons Shareholders • State Government of NSW Return on investment Significant State royalties • Support for local Indigenous • Federal Government population Substantial direct income tax Planned Traineeships, employment / contract
Slide 21: Why Hawsons?
Why Hawsons? Compelling Opportunity For personal use only Long life mine with significant exploration upside Simple, low energy & chemical-free processing Available infrastructure – water, rail, roads Located near Broken Hill providing social, cost and established infrastructure benefits Support at
Slide 22: Appendix: Mineral Resources
Appendix 1 Mineral Resources For personal use only ASX Release 24 June 2024 - Hawsons Drilling Program and Resource Update Completed
Slide 23: Contact Us
POWERING THE GREEN STEEL TRANSFORMATION For personal use only CONTACT US OFFICE Level 21 | 12 Creek St Brisbane City QLD 4000 TELEPHONE (07) 3554 1003