Carpentaria Resources’ Hawsons Iron Project near Broken Hill has been awarded ‘Major Project Status’ by Australian Government’s Department of Jobs and Innovation.
Major Project Status is highly significant as it reflects:
- the project’s strategic significance to Australia and regional communities in New South Wales and South Australia
- the strategic benefits of its unique iron ore product to a range on international blue-chip customers
- the Government’s positive view of Hawson’s economic viability and development prospects
The designation under the Major Projects Facilitation Programme is expected to provide a thorough, smooth and potentially faster approval process.
The designation is also expected to speed international investment in the project because it reduces perceived permitting risks.
Carpentaria is now focused on progressing the bankable feasibility study (BFS)for its flagship project, supported by blue-chip international steelmakers
and trading houses across Asia and the Middle East.
Full ASX Announcement HERE