Grange Resources Limited

ASX:GRR ISIN:AU000000GRR8

May 26, 2012

OVERVIEW | NEWS | MULTIMEDIA | RESEARCH

Grange Resources Limited Company Summary

Grange Resources Limited (ASX:GRR) owns and operates Australia’s largest integrated iron ore mining and pellet production business located in the north west region of Tasmania. The Savage River magnetite iron ore mine, 100km southwest of the city of Burnie, is a long life mining asset set to continue operation to 2023 with current reserves estimated to extend the mine life to 2028. At Port Latta, 70kms northwest of Burnie, is Grange Resources’ own pellet plant and port facility producing approximately 2.3 million tonnes of premium quality iron ore pellets annually with plans to increase annual production to 2.7 million tonnes by 2010. Long term supply contracts see these pellets shipped to major steel producers in Australia and Asia.

COMPANY DATA

	Fax	(08) 9321 1523

	Principal Sector	Materials

	Principal Industry	Materials

	Listed	1986/03/27

	Homepage	www.grangeresources.com.au

Key Developments: Grange Resources Limited

	Toro Energy Limited (ASX:TOE) Closes Deal to Acquire Key Uranium Tenements Adjacent to Flagship Wiluna Uranium Project, Western Australia SEP 23, 2011 10:03 - Article Views: 1,200 Toro Energy Limited (ASX:TOE) are pleased to announce the execution of comprehensive legal documentation with MPI which sets out the commercial and legal framework for the purchase of certain mining tenements adjacent to the Centipede deposit at Toro's Wiluna Uranium Project in Western Australia. Details of this transaction were announced in ASX release dated 17 February 2011.

	Iron Road Limited (ASX:IRD) Announce 1.2 Billion Tonne Mineral Resource At The Central Eyre Iron Project FEB 9, 2011 10:20 - Article Views: 1,699 Iron Road Limited (ASX:IRD) announce a substantial resource upgrade at the Central Eyre Iron Project, with the Mineral Resources again tripling in size, in this instance from 328Mt to 1.2Bt. The resource upgrade comes as part of an ongoing Prefeasibility Study, evaluating an initial 10 million tonnes per annum high grade iron concentrate export operation expanding to 20 million tonnes per annum.

	Australian Market Report of July 13, 2010 JULY 13, 2010 09:30 - Article Views: 3,801 The Australian shares Monday delivered a weak opening but closed higher for a third consecutive day. Gold stocks led the gains in a quiet session. The benchmark S&P/ASX200 index was up 13.6 points, or 0.31 per cent, at 4,409.9 points, while the broader All Ordinaries index gained 15 points, or 0.34 per cent, to 4,429.5 points.

	Australian Market Report of June 22, 2010 JUNE 22, 2010 09:30 - Article Views: 4,450 The Australia share market Monday closed firmer on hope of a gradual appreciation of the Chinese yuan. At the close, the benchmark S&P/ASX200 index rose 60.7 points, or 1.33 per cent, to 4612.6 points and the broader All Ordinaries index added 58.6 points, or 1.28 per cent, to 4632.7 points. The market was also inspired by the news that Australian federal government struck a A$11 billion deal with Telstra over the planned national broadband network.

	Grange Resources (ASX:GRR) Secures 25% Price Increase for Pellets JUNE 21, 2010 11:09 - Article Views: 2,781 Australian magnetite producer Grange Resources Limited said it has secured a 25 per cent increase interim pricing for iron ore pellets.

	Australian Market Report of December 15: Doubts over Car Maker Bailout DEC 15, 2008 13:00 - Article Views: 7,405 The Australian stock market closed more than two per cent lower on Friday following weakness in United States markets caused by doubts over a rescue package for US car makers. The benchmark S&P/ASX200 index had fallen 87.6 points, or 2.43 per cent, to 3,510.4, while the broader All Ordinaries index lost 81.7 points, or 2.31 per cent, to 3,452.5. As the US Senate's rejected the $14-billion bailout for American automotive makers, the stock market is expected to continue moving downward on the negative news.

	Australian Market Report of November 7: More Dangers Ahead NOV 7, 2008 13:00 - Article Views: 5,391 Overnight US stocks plummeted for a second day with a 4.85% drop as global markets plunged on fears of a deep worldwide recession. Yesterday the 150 basis points interest rate cut of Britain also surprised the market. Economists and analysts questioned the need for such a big cut and believe the economy must be in seriously risk with more dangers ahead. Investors ignored big interest rate cuts in Europe to send markets into steep falls overnight. The key Asian indicators also dropped more than 6.5 percent and wiping out much of the previous rally that had preceded the presidential election in the United States.

	Australia Market Report of September 26: Waiting for US Bailout to Finalize SEP 26, 2008 12:38 - Article Views: 4,910 US political leaders have struck an agreement in principle on a $US700 billion bailout plan to revive the troubled financial system. It is hoped both houses of US congress will vote on the plan within days. Wall Street and European markets have reacted positively to the news, with major indices recording gains of around two per cent.