Hawsons Iron Ltd · ASX:HIO

Hawsons Iron — Investor Presentation (May 2025)

18 slides from Hawsons Iron's investor presentation, May 23, 2025

  1. Slide 1: The Future of High-Grade Iron Ore

    The Future of High-Grade Iron Ore ASX:HIO

  2. Slide 2: Summary information

    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 information purposes only and is a summ

  3. Slide 3: Important information and Disclaimer (Cont.)

    Important information and Disclaimer (Cont.) HIO mineral resource estimates The information in this presentation that relates to HIO’s Mineral Resources is extracted from HIO’s ASX releases and are available at www.hawsons.com.au. HIO confirms that it is not aware of any new information or data that

  4. Slide 4: Strategic Overview

    CORPORATE Strategic Overview “For Hawsons Iron to sustainably develop and produce high-quality product to support the global transition to sustainable steelmaking, while maximizing value for all stakeholders.” Jeremy Kirkwood – Non-Executive Chairman

  5. Slide 5: Leadership Team

    Leadership Team Jeremy Kirkwood Non-Executive Chairman +B. Commerce *35-plus years’ experience in finance *Former Managing Director with Credit Suisse, Morgan Stanley and Austock +30 years’ experience in energy and resources Tom Revy Chief Executive Officer *BAppSc, Metallurgy +35 plus years’ experi

  6. Slide 6: Key Technical Attributes

    HAWSONS IRON PROJECT Key Technical Attributes 4.4B 68.4% Fe Project Tonnes 1 Product 1 Upside Measured Mineral Resources Low in impurities Target areas identified for 528Mt @ 12.9% DTR (SiO2, Al2O3, P & S) Mineral Resources expansion – East, West and South of Indicated Mineral Resources Consistent q

  7. Slide 7: High Priority for debt & Equity Providers

    High Priority for debt & Equity Providers

  8. Slide 8: Proven Results = Lower Risk

    Delivered on time and budget Stage 1 – From 2440 samples reviewed – identified 28 potential mineralogical clusters using XRF (X-Ray Fluorescence) 1 Stage 2 – Using XRD (X-Ray Diffraction) confirmed the presence of only 3 mineralogical clusters 1 Findings: • Hawsons’ material is geochemically and phy

  9. Slide 9: Game Changer

    PROCESSING BENEFITS Game Changer Consistent Quality: Hawsons Iron is planning to produce >68% Fe high-grade concentrate with predictable consistency, offering steel manufacturers a highly sought after product that minimises costly blending and variability. Softer Ore: Hawsons Iron benefits from exce

  10. Slide 10: Simpler Flow Sheet

    PROCESSING BENEFITS Simpler Flow Sheet • Vertical roller mills (VRM) have a history spanning from the late 19th century, with early examples used in iron ore processing • Used extensively today in the cement and phosphate industries • VRM benefits to Hawsons include: • Zero water needed • Energy sav

  11. Slide 11: Infrastructure

    KEY PROJECT INPUTS Infrastructure Power Supply Power supply for the mine site will be accessed from the main Wentworth to Broken Hill power line, some 40km from site. Recent dry comminution test work has indicated a reduction in power by approximately 35% Hawsons is likely to engage with third parti

  12. Slide 12: Key Consultants & Contractors

    HAWSONS IRON PROJECT Key Consultants & Contractors Overall Engineering & Cost Estimation + Infrastructure Independent Global Project Mining Finance Advisors & Process Consultants Mine Planning & Costing, Reserve Evaluation AMDAD Mineral Resource Estimation

  13. Slide 13: Magnetite Market

    Magnetite Market • DR-grade iron ore (67%+ Fe) currently makes up only about 4% of global iron ore supply* Date: 21 May 2025 • Long term estimates for 68%+ Fe are in excess of 30% above the iron ore 62% price** • Global iron ore majors Vale, Hancock Magnetite Holdings, Fortescue Metals Group and CIT

  14. Slide 14: Environmental Social Governance

    Environmental • Advancing the development of a magnetite process flow sheet without the need for water • Energy requirements have been significantly reduced • Power review indicating grid sourced renewable energy • Planned dry co-disposal facility (mine waste & process waste) vs traditional wet tail

  15. Slide 15: Next 6-12 months

    PLANNED PROGRAMS Next 6-12 months Mineral Reserve Calculate a Mineral Reserve based on the current Mineral Resources as updated in June 2024. Complete an optimised Prefeasibility Study (PFS) Incorporating the benefits of the dry comminution process and updated equipment, engineering & construction,

  16. Slide 16: All Stakeholders Win

    COLLECTIVE OPPORTUNITY All Stakeholders Win • 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 / contracting and community spon

  17. Slide 17: A Compelling Opportunity

    WHY HAWSONS? A Compelling Opportunity ✓ Long life mine potential 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

  18. Slide 18: Contact

    ~sAWSONS J cinsuioon’ CONTACT Tom Revy | CEO tom.revy@hawsons.com.au 0411 475376 OFFICE Unit 3B, Level 3 410 Queen Street Brisbane QLD 4000 TELEPHONE EMAIL 07 3554 1003 engage@hawsons.com.au

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