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Grange Resources Limited (ASX:GRR)

ALERT: Price-sensitive ASX Announcement for GRR
Current share price for GRR : $0.140 -0.03 (-17.65%)+
Announcement
Release
28 Apr 2026 6:54PM
Price at Release
$0.170
Full Release
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Summary
Grange Resources Limited reported strong operational performance for the quarter ending 31 March 2026. The company maintained exceptional safety standards with 1057 consecutive days without a Lost Time Injury. Savage River operations delivered robust production metrics, producing 607,436 tons of concentrate and 554,829 tons of pellets. Sales totaled 555,440 dry metric tons, slightly below the previous quarter. The average realized product price decreased to A$182.61 per ton due to exchange rate impacts. The North Pit Underground Project progressed with completed technical and legal reviews as Grange prepared for lender engagement. The company maintained a strong cash position with A$284.13 million in liquid investments. Growth capital expenditure reached approximately A$9.4 million, advancing several key projects.
Key Points
  • Exceptional safety performance with no Lost Time Injuries for 1057 days.
  • Strong production: 607,436 tons of concentrate and 554,829 tons of pellets.
  • Total sales of 555,440 dry metric tons slightly lower than previous quarter.
  • Average realized product price dropped to A$182.61 per ton.
  • Completed technical and legal due diligence for North Pit Underground Project.
  • Maintained solid cash reserves at A$284.13 million.
  • Growth capital expenditure of A$9.4 million for key projects.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.