Australia's Hawsons Iron jumps to near 12-year high on renewal of major project

Hawsons Iron

12/04/2022 06:34

** Shares of iron ore producer Hawsons Iron Ltd  HIO.AX 
rise as much as 12% to A$0.465, their highest level since June
2011
    ** Co says https://hawsons.com.au/wp-content/uploads/2022/04/Major_Project_Status_Renewal.pdf
 the federal government renewed Hawsons Iron Project's major
project status for three more years 
    ** Renewal expected to ease major project status application
with the South Australian government
    ** HIO set for a third straight session of gains 
    ** About 7.4 mln shares change hands, vs the 30-day average
volume of 5.9mln
    ** Stock up 176.7% this year, as of last close

 (Reporting by Anan Ashraf)
 ((Anan.Ashraf@thomsonreuters.com))