M&A

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, SA

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 executive...

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