Grange Resources is Australia’s leading magnetite producer and exporter of iron ore pellets in the region.  It has a modern, large open pit mining operation and associated concentrator and pelletising plant in Tasmania producing in excess of 2.3 mtpa of product, with a mine life of over 14 years.  2.1 mtpa of production is fully sold to Shagang, China’s largest private steel mill and Grange’s largest shareholder, and Bluescope in NSW, Australia.  Grange is the largest employer in the North West of Tasmania.
In addition, Grange has a 70% share in a magnetite development project near Albany in Western Australia, the Southdown project, with the potential to produce almost 10mtpa of iron ore pellets for over 30 years.  This project is well advanced with initial permitting in place, a pre-feasibility study almost complete, land secured and has access to existing infrastructure – port, power and water