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Carpentaria weighing expanded Hawsons project

The demand for ASX-listed junior Carpentaria Exploration’s Hawsons supergrade product has significantly increased, with Taiwanese conglomerate Formosa Plastics Group increasing its uptake.

Formosa has now increased its nonbinding letter of intent to purchase Hawsons supergrade product from 2-million tonnes a year to 2.6-million tonnes a year, for an initial period of ten years.