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Grange Resources Reaffirms Magnetite Reserves and Reporting Compliance

Story Highlights
  • Grange Resources reaffirmed its Savage River and Southdown magnetite resource estimates as unchanged.
  • The company underscored strict adherence to Australian reporting and sustainability standards for investors.
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Grange Resources Reaffirms Magnetite Reserves and Reporting Compliance

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The latest update is out from Grange Resources Limited ( (AU:GRR) ).

Grange Resources has released an AGM presentation outlining key operational and resource information for its Savage River and Southdown magnetite projects. The company confirms that previously disclosed mineral resource and ore reserve estimates remain current, with no material changes to underlying assumptions or technical parameters.

The presentation reiterates that its disclosures align with Australian reporting standards and have been reviewed by qualified Competent Persons. Grange also highlights its climate and sustainability reporting under local standards, signalling continued focus on regulatory compliance and transparency for investors and other stakeholders.

More about Grange Resources Limited

Grange Resources Limited is an Australian iron ore producer specialising in magnetite concentrate and pellets. The company operates the Savage River project in Tasmania and is also advancing the Southdown magnetite project, positioning itself as a significant supplier to steelmakers seeking high-grade iron ore products.

Average Trading Volume: 2,070,498

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$196.7M

See more data about GRR stock on TipRanks’ Stock Analysis page.

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