Grange Resources see profit rise despite market uncertainty

Company News

by Rachael Jones

Grange Resources (ASX:GRR) has reported a full year profit after tax of $60.7 million, despite iron ore market uncertainty.

That’s equivalent to Earnings Per Share of 5.24 cents.

The Tasmania based company has 50 years of mining and production from its Savage River mine. It produces a high quality iron ore pellet.

They offer a fully-franked final dividend of 1 cent per share.


Grange Resources (ASX:GRR) are trading 2.50 per cent higher at $0.21.


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