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home / news releases / HIO - Hawsons Iron says pilot test work validates first phase process design


HIO - Hawsons Iron says pilot test work validates first phase process design

(NewsDirect)

Hawsons Iron Ltd(ASX:HIO) chairman Bryan Granzien speaks with Proactive afterwelcoming the results of a pilot test work program that validates andde-risks the new phase 1 mineral processing design developed by globalengineering firm Stantec for its flagship namesake project near BrokenHill in Far West New South Wales. The test work was undertaken as partof a strategic review to strengthen the business case for developingthe Hawsons Iron Project. Stantec's modified design hasstreamlined processing steps, minimised power and water consumption,eliminated the need for grinding media, downsized downstream equipmentand improved tailings management.

“This pilot test work program has successfullyde-risked Stantec’s proposed phase 1 flowsheet design as a viabletechnical solution which can now be progressed to support a modifiedBFS for an 11 million tonnes per annum project,” Granziensaid.

“Importantly, thisproof-of-concept program has also provided valuable data to enableStantec to improve their flowsheets to potentially reduce capital andoperating costs further and revise the process required to generatepotential secondary waste stream ore-sand products.”

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

jonathan@proactiveinvestors.com

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Stock Information

Company Name: Western Asset High Income Opportunity Fund Inc.
Stock Symbol: HIO
Market: NYSE

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