Grange Resources Limited Overview
Pro stress-test →Grange Resources Limited is an Australian magnetite producer that has been mining and producing from the Savage River mine for over 57 years. The company owns and operates an integrated iron ore mining and pellet production business, involved in mining, processing, and sale of iron ore, and exploration, evaluation, and development of mineral resources.
Strategic Profile
Pro stress-test →The Savage River mine is projected to operate until 2040. The Port Latta pellet plant and port facility produces over 2.5 million tons of iron ore products annually. The company is advancing the Southdown magnetite project as a growth asset to extend its production profile beyond Savage River.
Competitive Landscape
Pro stress-test →Grange Resources competes in the magnetite iron ore market where it maintains operations at the Savage River mine. The company faces competition from larger global iron ore producers (BHP, Rio Tinto, Vale) and regional competitors, competing primarily on cost of production and product quality for both direct shipping ore and pellet products.
Industry Context
Grange Resources Limited operates in Metallic Minerals & Ores Mining - Magnetite Iron Ore.
Key facts
Founded: 1985 · Headquarters: Burnie, Tasmania, Australia · Employees: 581 · Market cap: $214.11M AUD