Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Rana Gruber AS ( (DE:7XH) ) is now available.
Rana Gruber ASA has entered into swap contracts for iron ore 62% Fe, CFR China (TSI), agreeing to sell a total of 330,000 metric tons from August 2025 to March 2026. This strategic move aligns with their operational plans, potentially stabilizing revenue streams and enhancing their market position in the global iron ore industry.
More about Rana Gruber AS
Rana Gruber is a Norwegian iron ore producer established in 1964, with operations based on more than 200 years of mining experience. The company’s products are based on natural mineral resources, which are processed and exported to customers worldwide. Key customers include steel producers and participants in the chemical industry. The company has about 370 employees and a production capacity of 1.8 million metric tons of iron ore concentrates.
Average Trading Volume: 71,354
Current Market Cap: NOK2.69B
For a thorough assessment of 7XH stock, go to TipRanks’ Stock Analysis page.