Hawsons moves to full ownership of 'world's best' iron ore project

HAWSONS Iron, the company that claims to have the world’s best iron ore project, has moved to 100% of its namesake project in South Australia after buying out 6% partner Starlight Investment Co for A$10 million.

 Hawsons moves to full ownership of 'world's best' iron ore project  Hawsons moves to full ownership of 'world's best' iron ore project  Hawsons moves to full ownership of 'world's best' iron ore project  Hawsons moves to full ownership of 'world's best' iron ore project  Hawsons moves to full ownership of 'world's best' iron ore project

Hawsons, SA

"The $10 million sale price really represents a full reimbursement of (Starlight's) contributed capital, as well as a modest premium which partly recognises potential upside value foregone," Hawsons