Grange Resources Limited - Profile Company Report Australia

31-12-2012, 10 pages

Grange Resources Limited is an Australian public company generating revenue through mineral exploration and production. The company operates in Australia and is administrated from its registered office in Perth and its corporate head office in Burnie, Tasmania. Grange Resources Limited is listed on the Australian Stock Exchange, under the code GRR.

Grange Resources is a Western Australia-based magnetite iron ore mining company. Principal activities of the group include:

Savage River - Located 100 km south-west of Burnie, Tasmania, this iron ore mine comprises three open pits. Processing facilities in this complex includes primary crusher, concentrator, slurry pipeline and pelletising plant.

Southdown Exploration Project - Located 90 km northeast of Albany, Western Australia, this joint venture targets a magnetite deposit which is estimated to have mine life of 19 to 40 years. The deposit is forecasted to produce 10 million tonnes of premium magnetite concentrate annually.

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