Grange Resources Limited (ASX:GRR) owns and operates Australia’s largest integrated iron ore mining and pellet production business located in the north west region of Tasmania. The Savage River magnetite iron ore mine, 100km southwest of the city of Burnie, is a long life mining asset set to continue operation to 2023 with current reserves estimated to extend the mine life to 2028. At Port Latta, 70kms northwest of Burnie, is Grange Resources’ own pellet plant and port facility producing approximately 2.3 million tonnes of premium quality iron ore pellets annually with plans to increase annual production to 2.7 million tonnes by 2010. Long term supply contracts see these pellets shipped to major steel producers in Australia and Asia.
Grange Resources Limited
ASX:GRR ISIN:AU000000GRR8
News
###
169,852 COMPANY PROFILE VIEWS
- This Page Viewed: (Last 7 Days: 55) (Last 30 Days: 201) (Since Published: 30752)