GRR - a leading magnetite producer and exporter of iron ore pellets
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I would like to introduce some Australian companies that may be of some help to your investments.
The company I'm going to introduce is Grange Resources Limited$Grange Resources(GRR.AU)$ .
It went public on 27 March 1986, and began trading on Australia’s ASX under the ticker symbol "GRR".
[Company Profile]
Grange Resources is Australia’s leading magnetite producer and exporter of iron ore pellets in the region. The company founded on Jan 1, 1985, and based in Burnie, Australia.
Grange Resources Limited has a modern, large open pit mining operation and associated concentrator and pelletising plant in Tasmania producing in excess of 2.3 mtpa of product, with a mine life of over 14 years. 2.1 mtpa of production is fully sold to Shagang, China’s largest private steel mill and Grange’s largest shareholder, and Bluescope in NSW, Australia. Grange is the largest employer in the North West of Tasmania.
In addition, Grange has a 70% share in a magnetite development project near Albany in Western Australia, the Southdown project, with the potential to produce almost 10mtpa of iron ore pellets for over 30 years. This project is well advanced with initial permitting in place, a pre-feasibility study almost complete, land secured and has access to existing infrastructure –port, power and water.
[History & Events]
In 1985, Grange Resources Limited founded in Burnie, Australia.
In 1986, Grange Resources Limited went public on Australia’s ASX under the ticker symbol "GRR".
In 2009, Grange merged with Australian Bulk Minerals, to become Australia’s leading magnetite producer.
In 2010, Grange Resources Limited spent $24m on the Southdown Feasibility Study
In 2022, Grange Resources Limited re-acquires Interest in Southdown Magnetite Project.
[Main Business Segments]
[Net Income & Total Revenue]
[Competitors]
$Tibet Summit Resources Co.,Ltd.(600338)$
$Zhaojin Mining Industry Co Ltd.(ZHAOF)$
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- Cory2·2022-12-19ThanksLikeReport