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Amended Quarterly Activities Report
Third Quarter Activities Report
- Oct 30, 2024
- 5 pages
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GRR - Quarterly Report for 3 months ended 30 September 2024
Third Quarter Activities Report
- Oct 29, 2024
- 4 pages
This Month
Tasmania’s huge Savage River project at risk as iron ore prices fall
Grange Resources, which is developing the mine near Burnie, said it could not fund the expansion at current and forecast prices for the commodity.
- Elouise Fowler, Mark Wembridge and Peter Ker
September 2021
Iron ore’s $60b dividend wave lifts all boats
Beyond the Forrest and Rinehart households, record iron ore dividends are being enjoyed by suburban charities and even Chinese state-owned entities.
- Updated
- Peter Ker and William McInnes
July 2021
BHP warns China restrictions to last for years
BHP joined Rio Tinto and Vale in reporting weaker-than-expected iron ore sales and warned Chinese restrictions on Australian coal would persist for years.
- Peter Ker
April 2021
China emissions cuts stoke record premiums for quality iron ore
All types of iron ore are fetching bumper prices, but the boom is proving sweetest for those selling lump and pellets as quality premiums surge.
- Peter Ker
February 2021
Iron ore miner abandons luxury property misadventure
Grange Resources has returned its focus to the booming iron ore market after it struggled to sell the luxury apartments it built during a three-year strategy digression
- Peter Ker
April 2020
BHP iron ore shipments steady as Vale downgrades again
BHP needs a strong finish to fiscal 2020 to meet its full-year iron ore target, as its biggest Brazilian rival Vale stuttered again.
- Peter Ker
May 2019
Vale flags three-year iron supply impact
But more than half of the Brazilian miner's shuttered supply could return within a year.
- Peter Ker
April 2019
Miner pumps more cash into slumping property market as iron ore soars
Shareholders have been told to reject iron ore miner's remuneration report as it pumps more cash into a controversial luxury real estate venture.
- Peter Ker
May 2018
Grange Resources takes short approach to long-term incentives
They say a week is a long time in football, and one Australian iron ore miner reckons a year is a long time in executive pay.
- Updated
- Peter Ker
March 2018
More investors flame Grange Resource's diversification plan
More angry shareholders have come forward with concerns about iron ore miner Grange Resources' plan to diversify into Melbourne's luxury real estate development sector.
- Updated
- Peter Ker
Investor alarm over Grange Resources' plan to diversify into luxury real estate
Heard the one about the Tasmanian iron ore miner, Melbourne's most exclusive suburbs, the former AFL footballer and a diversification strategy that has been labelled "bizarre" by angry shareholders?
- Updated
- Peter Ker
October 2017
Iron ore discount threatens Cliffs' Australian unit
US miner Cliffs has warned that big discounts for lower grade iron ore are threatening the future of its Australian operations.
- Updated
- Peter Ker
October 2016
Big iron ore miners underwhelm as FMG boosts exports
Iron ore production from the world's biggest iron ore miners continues to underwhelm, with FMG the exception
- Updated
- Tess Ingram and Peter Ker
January 2016
Rally over as iron ore headed back to $US30s: Citi
Iron ore has ended a powerful rally from its December nadir in the $US30s, falling nearly 3 per cent from Monday's highs following China's sharemarket sell-off.
- Updated
- Stephen Cauchi
December 2015
A $US40 iron ore price will actually help BHP and Rio
Iron ore's spiral to within an inch of $US40 a tonne separates Rio and BHP sharply from the pack, leaving them as the players making solid cash margins on exports to China.
- Updated
- Amanda Saunders
October 2015
Sinking iron ore backed to weather storm
Iron ore is back to less than $US50 a tonne for the first time since July, but how long will Australia's biggest mineral export keep a $US40 handle?
- Updated
- Stephen Cauchi
January 2015
Iron ore majors push for ‘Goldilocks’ price to kill off rivals
The iron ore majors want a “Goldilocks” price at which only they have the incentive to expand, new players cannot enter the market and their smaller rivals are locked in a desperate fight for survival.
- Updated
- Amanda Saunders
November 2014
Expect more write-downs say academics
As many as 30 per cent of ASX-listed companies have a book value higher than what the market is willing to pay for them.
- Updated
- Agnes King
Miners’ year ahead ‘to be another punctuated with red ink’
Australia’s mid-tier miners are doing their best to remain afloat in a tough operating environment but efforts to boost productivity are yet to make an impact on their bottom lines, with combined losses for the financial year up 60 per cent to $1.6 billion.
- Updated
- Tess Ingram
October 2014
Billiton to cut jobs as price falls
BHP Billiton plans to shed hundreds more jobs, adding to the thousands of contractors and employees that have left its operations over the past few years as it continues to cut costs in the face of a falling iron ore price.
- Updated
- Julie-anne Sprague and Tess Ingram