Hawsons Iron Ltd · ASX:HIO
Hawsons Iron — Shareholder Meeting (November 2024)
22 slides from Hawsons Iron's shareholder meeting presentation, Nov 26, 2024
Slide 1: Chair Address and AGM Presentation
CHAIR ADDRESS AND AGM PRESENTATION 26 November 2024 The Companies Officer Australian Securities Exchange Ltd 20 Bridge Street SYDNEY NSW 2000 PRESENTATION – ANNUAL GENERAL MEETING 2024 Hawsons Iron Ltd (ASX: HIO) advises that Non-Executive Chairman, Jeremy Kirkwood and CEO, Tom Revy are addressing s
Slide 2: Chairman's Address - Annual General Meeting of Shareholders
HAWSONS IRON LIMITED ANNUAL GENERAL MEETING OF SHAREHOLDERS Tuesday, 26 November 2024 at 10:00am CHAIRMANS ADDRESS: By Non-Executive Chairman, Mr Jeremy Kirkwood Good morning fellow Shareholders and thank you for your attendance today, both in person and online. I would like to acknowledge that we a
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: 2024 Annual General Meeting
POWERING THE GREEN STEEL TRANSFORMATION 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 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 and •35-plus years’ expe
Slide 8: Our strategy: leading global supplier of premium magnetite products
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 The Project plan is to produce approx. 10-11Mtpa of magnetite concentrate per year from a total Mineral Resource of 4.4Bt at 11.4% DTR; long life mine The Project exhibits logisti
Slide 10: Tier 1 Location
Tier 1 Location Low Risk Jurisdiction • 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 workforce Magnetite Out
Slide 11: Established Infrastructure
Established Infrastructure • 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) 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 Iron Ore 58% Premium 65%
Slide 13: Superior Metallurgical Properties
Superior Metallurgical Properties 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 ores • Subjected to low
Slide 14: Enhancing Value - Corporate
Enhancing Value Corporate (last 6 months) 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 Energy and Mining Sth Au
Slide 15: Enhancing Value - Hawsons Iron Project
Enhancing Value Hawsons Iron Project (last 6 months) 34% increase in Measured Mineral Resources to 528Mt and 19% increase in Indicated Mineral Resources to 1882Mt The Fold Zone confirmed as a shallow, high-grade resource, still open to the south; priority target Optimisation works (ongoing): • Dry C
Slide 16: Strategic Investors
Strategic Investors 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 & commence high-level neg
Slide 17: Planned Development Pathway
Planned Development Pathway* Adding Value and De-risking the Hawsons Project 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 completion est. Q1 2025 • Proc
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 work program (Fold Area) Total iron used in mine planning Decrease in overall future Decreased drill hole density dr
Slide 19: Planned Development Pathway
Planned Development Pathway* Adding Value and De-risking the Hawsons Project Ongoing engagement with : • Shareholders / investors • Government / regulators • Broken Hill Indigenous Community • Broader Broken Hill Community • Local pastoralists Plans to follow ICMM principles Actions: Social media, w
Slide 20: All Stakeholders Win
All Stakeholders Win Collective Opportunity • 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
Slide 21: Why Hawsons?
Why Hawsons? Compelling Opportunity 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 all Government levels
Slide 22: Contact Us
POWERING THE GREEN STEEL TRANSFORMATION CONTACT US OFFICE Level 21 | 12 Creek St Brisbane City QLD 4000 TELEPHONE (07) 3554 1003