Hawsons Iron Ltd · ASX:HIO
Hawsons Iron — 4th European Green Steel Summit 2026
28 slides from Hawsons Iron's conference presentation, Apr 22, 2026
Slide 1: Investor Presentation – 4th European Green Steel Summit 2026
For personal use only INVESTOR PRESENTATION 4th European Green Steel Summit 2026 Dusseldorf, Germany ASX:HIO APRIL 2026
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 Government, analysts, brokers and investors and not as specific advice to any particular party or persons. Forward This presentation is for information purposes only and
Slide 3: Important information and Disclaimer (Cont.)
Important information and Disclaimer (Cont.) HIO Mineral Reserve and Resource Estimates The information in this presentation that relates to HIO’s Mineral Reserves1 & Resources2 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
Slide 4: The Problem
The Problem Steel Industry 8-9% Global Emissions* For personal use only An Integral Part of the Global Solution *(source: University of NSW)
Slide 5: Strategic Industrial Importance
HIGH-GRADE IRON ORE &STEEL Strategic Industrial Importance For personal use only Today iron ore / steel remains an essential input for infrastructure, construction, transport, energy systems, and advanced manufacturing. Magnetite is strategically valuable to greener steel production because its magn
Slide 6: Supply Risk & Market Concentration
HIGH-GRADE IRON ORE & STEEL Supply Risk & Market Concentration For personal use only Supply Risk High-grade iron ore supply is limited and geographically concentrated. Steel supply chains depend on stable access to high-purity feedstock, creating vulnerability to disruptions, export controls, or geo
Slide 7: Technological & Environmental Drivers
HIGH-GRADE IRON ORE &STEEL Technological & Environmental Drivers For personal use only High-grade / quality feed is increasingly required for electric-arc furnaces (EAFs), direct-reduced iron (DRI), and other low- emissions steel technologies. Demand for premium ore expected to grow as nations pursu
Slide 8: The Company / The Project
For personal use only The Company The Project
Slide 9: Strategic Overview
CORPORATE Strategic Overview For personal use only “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
Slide 10: Leadership Team
CORPORATE Leadership Team For personal use only Jeremy Kirkwood Tom Revy Paul Cholakos Meredith Campion Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director • BAppSc, Metallurgy • MBA & B Engineering (Mining) • Founding partner of Allen & Overy’s • B. Commerce Perth
Slide 11: Hawsons High Grade Iron Product
HAWSONS HIGH GRADE IRON PRODUCT Hawsons’ magnetite concentrate offers steelmakers: • Lower emissions intensity For personal use only • Improved DRI and hydrogen economics • Reduced export carbon penalties • Stronger green steel supply chain credentials Hawsons is positioned not merely as an iron ore
Slide 12: DRI Test Work Results
HAWSONS HIGH GRADE IRON PRODUCT DRI Test Work Results Pelletising Properties Using 100% Hawsons’ Concentrate 1 Central Iron & Steel Research Institute - Findings For personal use only Pellet Parameter Value 100% Hawsons magnetite concentrate used as Static ballability index K 1.68 pellet feed with a
Slide 13: Location
TIER 1 LOCATION Low Risk Jurisdiction For personal use only Access to nearby well- established infrastructure Highly supportive community – Broken Hill Located in an area which has had >130 continuous years of mining Access to highly skilled workforce Mining Lease Application lodged; currently no ob
Slide 14: Processing Benefits: Game Changer
PROCESSING BENEFITS Game Changer For personal use only Consistent Quality: Hawsons Iron is planning to produce >68.5% Fe high-grade concentrate with predictable consistency, offering steel manufacturers a highly sought after product that minimises costly blending and variability. Softer Ore: Hawsons
Slide 15: For personal use only
Wet Circuit For personal use only Wet High Intensity Magnetic Separation (WHIMS) 2 Stage MMD Sizers 20% - Ore Non- Magnetics Dust Scrubbers Elutriation Fine Dry Magnetic Grinding Separation Thickening Dry 80% - Waste Filtration Circuit Non-Magnetics Process Water Final Product Stockpile & Train Load
Slide 16: Key Project Inputs: Infrastructure
KEY PROJECT INPUTS Infrastructure For personal use only 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%. Concentrate Transport
Slide 17: Key Project Inputs: Infrastructure
KEY PROJECT INPUTS Infrastructure For personal use only Water Supply Raw water is proposed to be from the borefield, 90 km south of the Project site. With significantly reduced water consumption, the team is also exploring alternative water sources closer to the Project site to lower pipeline costs
Slide 18: Ore Reserves Highlights
ORE RESERVES Highlights 1 For personal use only JORC 2.3 billion tonnes Probable Ore Reserve Confirms the scale and quality of the Hawsons Iron Project Provides a foundation for advancing towards a final Feasibility Study (FS) Signals project maturity to investors and partners Equates to 26 years mi
Slide 19: Prefeasibility Study Highlights
PREFEASIBILITY STUDY Highlights 1 For personal use only Production target of 257 million tonnes (Mt) of magnetite concentrate over 26 year mine life; Average magnetite concentrate grade of 68.6%; Production target limited to Probable Ore Reserves only; The Production Target excludes over 400Mt in In
Slide 20: Prefeasibility Study Highlights
PREFEASIBILITY STUDY Highlights 1 For personal use only Pre-tax NPV8 of $AU 1,360M at a product price of $US140/t and an AU/US exchange rate of $0.65/$1.00 Based on Ore Reserves only; Approximate payback period of 10.5 years from first concentrate production; Undiscounted Life of Mine revenue of $AU
Slide 21: Prefeasibility Study Upside Opportunities
PREFEASIBILITY STUDY Upside Opportunities For personal use only Adding to the current Mine Life Infill drilling to generate additional Reserves from current Mineral Resources within pit shell to drop strip ratio and extend mine life Impact of byproduct production – Fe2O3 (Priority) Materially add to
Slide 22: ESG Platform Development
ESG Platform Development Our aim is to supply quality feed product into the growing global Green Steel market as part of a shift towards a For personal use only decarbonised economy. Environment Apply best practise international standards to the development and operations of the Project including pr
Slide 23: Stakeholder Benefits
STAKEHOLDER BENEFITS Win-Win 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 / contracting and communi
Slide 24: Contact
For personal use only CONTACT Tom Revy | Managing Director tom.revy@hawsons.com.au 0411 475 376 OFFICE Unit 3B, Level 3 410 Queen Street Brisbane QLD 4000 TELEPHONE EMAIL 07 3554 1003 engage@hawsons.com.au
Slide 25: Metallurgical Benefits
APPENDIX 1 Metallurgical Benefits For personal use only The benefits of Hawsons Ore • HIO ore body deposited in a soft siltstone (a fine-grained silt in a sea) – Soft Ore • Unlike Pilbara ore bodies deposited in hard silica (a glass-like rock called “chert”) Not all • Subjected to low grade metamorp
Slide 26: Metallurgical Benefits
APPENDIX 2 Metallurgical Benefits For personal use only • Work index proven to be considerably less than peers resulting in energy savings in crushing & grinding – recent work on dry comminution program has identified further energy savings up to 30-40%; positive implications for mining. • Dry commi
Slide 27: Hawsons High Grade Iron Product
APPENDIX 3 Hawsons High Grade Iron Product For personal use only Hawsons’ magnetite concentrate aligns strongly with steelmakers’ rapid build-out strategies for gas-based and hydrogen-ready DRI plants: Strategic Advantages Lower embedded emissions CBAM Risk Mitigation • High Fe grade (>68.5%) • Lowe
Slide 28: Pelletising test work results
APPENDIX 3 Hawsons High Grade Iron Product For personal use only Pelletising test work results 1 Sample properties of tested material The specific surface area measured using Blaine air permeability apparatus was 1910cm2/g. The green ball quality was studied as a function of bentonite addition. At b