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Grange Resources Ltd
XMUN:GRR

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Grange Resources Ltd
XMUN:GRR
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Price: 0.098 EUR
Market Cap: €182.6m

Grange Resources Ltd
Investor Relations

Grange Resources Ltd is an Australian iron ore company that mines magnetite ore in Tasmania and turns it into iron ore concentrate and pellets. Its main asset is the Savage River mine, and it also runs the Port Latta processing and pellet plant that upgrades the ore into a product steelmakers can use more easily in blast furnaces. The company mainly sells iron ore pellets and related iron ore products to steel mills, especially in export markets. Its customers are large industrial buyers that need a steady supply of consistent-quality iron units for steel production. Grange makes money by extracting ore, processing it into higher-value pellets, and selling those pellets under long-term and spot-style supply arrangements. What makes Grange’s business different is that it sits in a narrow part of the steel supply chain: it is not a broad mining group, but a specialist producer of magnetite-based pellets. That matters because pelletized iron ore is a more processed product than raw ore, so Grange’s value comes from both mining and processing, with logistics and plant reliability playing a big role in the business.

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No Earnings Calls Available

Management

Mr. Steven Thanh Phan
Chief Financial Officer
No Bio Available
Mr. Ben Maynard BSc(Hons), Grad Dip Comp
Chief Operating Officer
No Bio Available
Mr. Chongtao Xu
Executive Director
No Bio Available
Mr. Weidong Wang
Chief Executive Officer
No Bio Available
Mr. Piers Richard Lewis AGIA, B.Com., BComm, C.A.
Company Secretary
No Bio Available

Contacts

Address
TASMANIA
Burnie
34A Alexander Street
Contacts
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