Iron ore miner Carpentaria Resources has acquired a further 24.149% of the Hawsons iron project from its joint venture partner, Pure Metals.
Located near Broken Hill, NSW, the Hawsons iron project has been lauded as the world’s leading undeveloped high quality iron ore concentrate and pellet feed project, capable of producing the world’s highest-grade iron products.
Carpentaria’s Executive Chairman, Bryan Granzien said the company now has nearly 94% control over the project, fundamentally strong iron ore prices, and an enormous amount of national and international interest from third parties.
“Make no mistake, each decision we will make will be to significantly improve Carpentaria’s underlying asset value,” Mr Granzien stressed.
“These are very exciting times for the Company and all of its shareholders. Most importantly, we can now take our world-class project through to development and into production to help satisfy the ever-growing demand for high-quality iron ore products.”
