Grange Resources Lifts Production and Cuts Costs in Strong December Quarter

Grange Resources Limited ( (AU:GRR) ) has shared an announcement.

Grange Resources reported a strong December 2025 quarter, highlighting continued leading safety performance with 967 days without a lost time injury and robust operational results at its Savage River operations. Concentrate production rose to 623kt and pellet production exceeded plan, supported by higher-grade ore from Centre Pit and the cutback of North Pit, while unit cash operating costs fell to A$140.57/t, enhancing margins despite slightly lower pellet sales due to a shipping delay. Average realised prices remained broadly stable in Australian dollar terms, and the company maintained a solid financial position with cash and liquid investments of A$275.15 million and higher trade receivables, while advancing project financing and technical due diligence for the North Pit Underground development, underscoring its focus on sustaining and growing future production.

The most recent analyst rating on (AU:GRR) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Grange Resources Limited stock, see the AU:GRR Stock Forecast page.

More about Grange Resources Limited

Grange Resources Limited is an Australian iron ore producer focused on its Savage River magnetite iron ore operations in Tasmania, where it mines, processes and exports iron ore concentrate and pellets to global steel markets. The company’s activities span open-pit mining, concentration and pelletising, with product shipped via Port Latta, positioning Grange as a key regional supplier of high-grade iron ore products.

Average Trading Volume: 1,363,372

Technical Sentiment Signal: Hold

Current Market Cap: A$300.9M

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