IRIS Expects to Finalise Site Selection for US Processing Facility by Fiscal Year End

MT Newswires Live

2025/10/24

IRIS Metals (ASX:IR1) said it expects to finalise site selection for a regional processing facility to support a hub and spoke development model in South Dakota by the end of the fiscal year, according to a Friday filing with the Australian bourse.

The company is reviewing both greenfield and brownfield development opportunities for the facility, the filing said.

Shares of the company fell 4% at market close.

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