GRANGE RESOURCES ORD
Grange Resources Lifts Production as Savage River Delivers Strong Quarterly Performance
Grange Resources (ASX: GRR) has reported a robust September quarter with higher concentrate and pellet production, lower unit costs, and a 24% improvement in average realised prices, reflecting stronger market conditions and operational consistency at its Savage River operations in Tasmania. The company produced 583,000 tonnes of concentrate and sold 591,000t of pellets during the quarter, […]
Iron ore’s long goodbye is extended – again
Iron ore’s long goodbye kicks on and might last for the rest of the year thanks to Russia’s war on the Ukraine and another setback for a project in Africa dubbed the Pilbara Killer. Fighting in the Ukraine has effectively removed 100 million tonnes of iron ore from the market with commercial shipping in the […]
Have iron ore miners been oversold or should investors ‘steel’ for more ferrous pain?
The pundits were right, for once: the laws of market gravity were always going to catch up with the price of iron ore, which in a matter of weeks has tumbled more than 50% from its nosebleed territory of US$220 a tonne. Still, no-one quite predicted the extent of the rout which stems from the […]
