BUZZ-Australia's Grange Resources eyes worst day in 6-weeks on lower quarterly production

Reuters04-26

** Shares of Australia's Grange Resources fall as much as 3.98% to A$0.423, logging its biggest intraday pct fall since March 13

** Stock hits its lowest level since April 19

** Stock up near 0.6% for the week so far after logging two straight weekly decline

** Iron ore miner posts concentrate production of 586 KT in March qtr vs 684 KT in previous qtr

** Says pellet sales in March qtr decreased to 565 KT vs 648 KT in Dec qtr

** Unit cash operating cost increased for qtr to A$161.70/t vs A$132.59/t for Dec qtr due to lower concentrate production - GRR

** 789,285 shares change hands as of 0302 GMT, vs 30-day average volume of 1.9 mln shares

** Stock down 5.4% YTD, as of last close

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))

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