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Rana Gruber AS ( (DE:7XH) ) has issued an update.
Rana Gruber ASA has entered into iron ore swap contracts for Q4 2025, agreeing to sell 15,000 metric tons per month at an average price of $103.75 per metric ton. These contracts, which relate to physical shipments in Q3 2025, are part of a broader strategy involving a total volume of 390,000 metric tons across multiple quarters, potentially stabilizing revenue and providing predictability for stakeholders.
More about Rana Gruber AS
Rana Gruber ASA is a Norwegian iron ore producer established in 1964, leveraging over 200 years of mining experience. The company processes and exports natural mineral resources to global customers, including steel producers and the chemical industry, with a production capacity of 1.8 million metric tons of iron ore concentrates.
Average Trading Volume: 98,777
Current Market Cap: NOK2.4B
For detailed information about 7XH stock, go to TipRanks’ Stock Analysis page.