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   Rio Tinto
   BHP Billiton
   Fortescue Metals Group
This Company's Industries
   Iron Ore Mining in Australia
   Metal and Mineral Wholesaling in Australia
   Mineral Exploration in Australia
 

Grange Resources Limited - Profile Company Report Australia

31-12-2015, 10 pages

Grange Resources Limited is an Australian public company that derives its revenue from the mining, exploration, development, processing and sale of mineral resources, such as magnetite and iron ore. The company operates in Australia and is administered from its head office in Burnie, Tasmania. Grange Resources Limited employs 575 people and is listed on the Australian Securities Exchange under the code GRR.

Grange Resources Limited is a magnetite exploration and iron ore mining company with the following projects:

  • Savage River - Located 100 kilometres south-west of Burnie, Tasmania, this iron ore mine comprises three open-pit mines, a primary crusher, a concentrator, a slurry pipeline and pelletising plant.
  • Port Latta - Located 70 kilometres north-west of Burnie, Tasmania, this iron ore processing plant and port facility produces approximately two million tonnes of iron ore pellets per year. 
  • Southdown Joint Venture - Located 90 kilometres north-east of Albany, Western Australia, the Southdown Joint Venture is a joint venture between Grange Resources and SRT Australia Pty Ltd. The purpose of the joint venture is to mine and export magnetite. The mine is expected to operate between 14 and 30 years and is forecast to produce 10 million tonnes of premium magnetite concentrate annually. Grange Resources has an ownership interest of 70% in the operation, and SRT Australia Pty Ltd has a 30% ownership interest in the operation.

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