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2026-11-06
◂ Monitor GRR ASX

Grange Resources Limited

Producer · Iron Ore · Australia Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.105
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1M
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1Y
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Upside
Locked: sign in to view
Mkt cap
A$121.5M
EV
A$-146.4M
Cash
A$267.9M
Debt
A$0
1 newer ASX announcement not yet reflected in this valuation

Narrative and provenance

Research & Sources

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Chronological evidenceSource-document inventory21 documents
GRR.AX ordinary share daily close on 25 September 2026Market Data · HighExtracted

Latest eligible local GRR.AX ordinary-share close from repository daily stock prices: A$0.13, volume 1,078,674; market data provider provider.

Document ID
market_grr_2026_09_25
Published UTC
2026-09-25T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
Appendix 4D - Half Year Ending 30 June 2026Results · HighExtracted

Issuer Appendix 4D: H1 revenue A$230.788m, A$690.7m pre-tax Savage River impairment, A$541.845m statutory loss, no interim dividend, and transition to a smaller sub-level cave plan.

Document ID
appendix4d_h1_2026
Published UTC
2026-08-31T07:42:00Z
Projects
savage_river · north_pit_underground
Commodities
iron_ore
Open original source ↗
GRR.AX ordinary share daily close on 2026-09-01Market Data · HighExtracted

Local GRR.AX ordinary-share close of A$0.135 on 2026-09-01, volume 353559; retained to test the first session after the after-close H1 release.

Document ID
market_grr_2026_09_01
Published UTC
2026-09-01T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
GRR.AX ordinary share daily close on 2026-08-31Market Data · HighExtracted

Local GRR.AX ordinary-share close of A$0.135 on 2026-08-31, volume 509066; retained to test the first session after the after-close H1 release.

Document ID
market_grr_2026_08_31
Published UTC
2026-08-31T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
ASX:GRR daily closing price observationMarket Data · HighExtracted

Morningstar-sourced ASX:GRR price table showing the latest pre-cutoff close in AUD on 7 August 2026.

Document ID
market_grr_2026_08_07
Published UTC
2026-08-07T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
GRR.AX daily closing price observationMarket Data · HighExtracted

Earlier repository daily_stock_prices feed observation for the GRR.AX fully paid ordinary share in AUD, retained for price-history provenance.

Document ID
market_grr_2026_07_31
Published UTC
2026-07-31T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
GRR - Quarterly Report for 3 months ended 30 June 2026Results · HighExtracted

Q2 FY2026 operating report covering Savage River production, sales, realized pricing, cash and liquidity, North Pit Underground financing work and Southdown partner search.

Document ID
grr_q2_2026
Published UTC
2026-07-28T08:17:46Z
Projects
savage_river · north_pit_underground · southdown
Commodities
iron_ore
Open original source ↗
AGM presentationPresentation · MediumExtracted

AGM presentation with 31 March 2026 liquidity, no-debt position, operating economics, North Pit Underground technical work and Southdown resource/funding overview.

Document ID
agm_2026
Published UTC
2026-05-12T23:58:53Z
Projects
savage_river · north_pit_underground · southdown
Commodities
iron_ore
Open original source ↗
North Pit Underground Development Project UpdateOperations · HighExtracted

Issuer update: lease-extension bill progressed, independent technical review found no fatal flaws, and the major shareholder declined project support at this stage.

Document ID
npug_update_2026
Published UTC
2026-05-12T23:49:00Z
Projects
savage_river · north_pit_underground
Commodities
iron_ore
Open original source ↗
GRR - Quarterly Report for 3 months ended 31 Mar 2026Results · HighExtracted

Q1 FY2026 operating report with production, realized pricing, C1 cost, cash and ongoing North Pit Underground financing and Southdown partner work.

Document ID
grr_q1_2026
Published UTC
2026-04-28T08:54:36Z
Projects
savage_river · north_pit_underground · southdown
Commodities
iron_ore
Open original source ↗
Annual Report to shareholdersResults · HighExtracted

FY2025 annual report with audited financial position, operating cash flow, production economics, share register, performance rights and project funding context.

Document ID
annual_2025
Published UTC
2026-04-10T08:28:54Z
Projects
savage_river · north_pit_underground · southdown
Commodities
iron_ore
Open original source ↗
Savage River Mineral Resources and Ore Reserves UpdateResource Update · HighExtracted

Current Savage River resource and reserve statement as at 31 December 2025, including North Pit Underground reserve, depletion and tenement status.

Document ID
savage_rr_2026
Published UTC
2026-04-01T22:58:27Z
Projects
savage_river · north_pit_underground
Commodities
iron_ore
Open original source ↗
GRR - Quarterly Report for 3 months ended 31 Dec 2025Results · MediumExtracted

Q4 FY2025 quarterly report and full-year operating update with production, sales, price and liquidity metrics.

Document ID
grr_q4_2025
Published UTC
2026-01-27T21:17:02Z
Projects
savage_river
Commodities
iron_ore
Open original source ↗
GRR - Quarterly Report for 3 months ended 30 Sept 2025Results · MediumExtracted

Q3 FY2025 operating report with Savage River production, sales, realized price, C1 cost and liquidity metrics.

Document ID
grr_q3_2025
Published UTC
2025-10-27T21:22:09Z
Projects
savage_river
Commodities
iron_ore
Open original source ↗
Half Yearly Report and AccountsResults · MediumExtracted

1H FY2025 financial report with revenue, profit, cash, inventories, mine properties and operating metrics.

Document ID
half_year_2025
Published UTC
2025-08-28T02:07:49Z
Projects
savage_river
Commodities
iron_ore
Open original source ↗
Notification regarding unquoted securities - GRRCorporate Action · MediumExtracted

Appendix 3G confirming issue of GRRAU performance rights under the employee incentive scheme and the resulting unquoted security count.

Document ID
rights_2025
Published UTC
2025-06-05T08:32:50Z
Projects
—
Commodities
—
Open original source ↗
Southdown PFS Results and Resource & Reserve StatementStudy · HighExtracted

Southdown feasibility update and resource/reserve statement: 100% ownership, 5Mtpa concentrate case, large resource, material capex and unresolved funding and approvals.

Document ID
southdown_fs_2025
Published UTC
2025-04-14T06:54:30Z
Projects
southdown
Commodities
iron_ore
Open original source ↗
Savage River Mineral Resources and Ore Reserves UpdateResource Update · MediumExtracted

Superseded Savage River resource and reserve statement retained for historical reconciliation; current ledger uses the April 2026 update.

Document ID
savage_rr_2025
Published UTC
2025-03-30T22:41:48Z
Projects
savage_river · north_pit_underground
Commodities
iron_ore
Open original source ↗
Notification regarding unquoted securities - GRRCorporate Action · MediumExtracted

Appendix 3G confirming the 2024 issue of GRRAU performance rights and the ordinary share count.

Document ID
rights_2024
Published UTC
2024-06-13T08:33:34Z
Projects
—
Commodities
—
Open original source ↗
Underground DFS shows value uplift and long-life mineStudy · HighExtracted

2024 North Pit Underground DFS with integrated Savage River value, mine life, reserve, cost and capital metrics; current valuation treats it as unfunded and execution-dependent.

Document ID
npug_dfs_2024
Published UTC
2024-02-27T22:23:04Z
Projects
north_pit_underground
Commodities
iron_ore
Open original source ↗
Savage River Mineral Resources and Ore Reserves UpdateResource Update · LowExtracted

Historical Savage River resource and reserve statement retained as a superseded source; the current 2026 resource update is selected for valuation.

Document ID
savage_rr_2024
Published UTC
2024-02-27T22:20:19Z
Projects
savage_river
Commodities
iron_ore
Open original source ↗
Evidence facts112
q2-2026-concentrate-producedSavage River concentrate produced

586906 t

2026-06-30
q2-2026-pellets-producedSavage River pellets produced

590883 t

2026-06-30
q2-2026-recoverySavage River weight recovery

34.9 %

2026-06-30
q2-2026-product-salesTotal product sales

625727 dmt

2026-06-30
q2-2026-realized-priceRealized product price FOB Port Latta

160.3 AUD/dmt

2026-06-30
q2-2026-c1-costC1 cash operating cost

157.69 AUD/t

2026-06-30
q2-2026-cash-liquidCash and liquid investments

267900000 AUD

2026-06-30
q2-2026-npug-reviewNorth Pit Underground independent technical review

technically robust with no fatal flaws; optimisation and funding work continued None

2026-06-30
q2-2026-southdown-partner-searchSouthdown funding status

equity investor search ongoing None

2026-06-30
agm-2026-cashCash and liquid investments at 31 March 2026

284000000 AUD

2026-03-31
agm-2026-no-debtDebt position

0 AUD

2026-03-31
agm-2026-share-priceReference share price shown in AGM presentation

0.185 AUD/share

2026-05-13
agm-2026-southdown-resourceSouthdown mineral resource

1257 Mt

2024-12-31
agm-2026-savage-resourceSavage River mineral resource

464 Mt

2025-12-31
q1-2026-concentrate-producedSavage River concentrate produced

607436 t

2026-03-31
q1-2026-pellets-producedSavage River pellets produced

554829 t

2026-03-31
q1-2026-product-salesTotal product sales

555440 dmt

2026-03-31
q1-2026-realized-priceRealized product price FOB Port Latta

182.61 AUD/dmt

2026-03-31
q1-2026-c1-costC1 cash operating cost

136.56 AUD/t

2026-03-31
q1-2026-growth-capexGrowth capital expenditure

9400000 AUD

2026-03-31
q1-2026-cash-liquidCash and liquid investments

284130000 AUD

2026-03-31
annual-2025-revenueRevenue

477854000 AUD

2025-12-31
annual-2025-npatNet profit after tax

46600000 AUD

2025-12-31
annual-2025-operating-cash-flowNet cash from operating activities

132514000 AUD

2025-12-31
annual-2025-cash-liquidCash and liquid investments at year end

275150000 AUD

2025-12-31
annual-2025-ordinary-sharesOrdinary shares on issue

1157338698 shares

2026-02-28
annual-2025-performance-rightsPerformance rights in annual register

7385995 rights

2026-02-28
annual-2025-provisionsCurrent and non-current provisions

149369000 AUD

2025-12-31
annual-2025-buybackOn-market buy-back

False None

2026-02-28
annual-2025-npug-targetNorth Pit Underground development target

targeted for 2028 subject to final investment decision and funding None

2025-12-31
annual-2025-pellet-price-assumption2026 pellet FOB price impairment assumption

117 USD/dmt

2025-12-31
annual-2025-rehabilitation-provisionCurrent and non-current decommissioning and restoration provision

119500000 AUD

2025-12-31
annual-2025-executive-teamNamed executive team and company secretary

Weidong Wang; Chongtao Xu; Steven Phan; Ben Maynard; Grant Bramich; Piers Lewis None

2026-02-26
annual-2025-shagang-contracted-volumeAmended Shagang pellet offtake

600000 dmt/year

2026-02-26
annual-2025-assigned-offtake-volumePellet volume assigned to another buyer from 1 April 2024 for three years

400000 dmt/year

2026-02-26
annual-2025-shagang-pellet-sales2025 iron ore product sales to Shagang

145695350 AUD

2025-12-31
annual-2025-government-royaltiesFY2025 government royalties

10030000 AUD

2025-12-31
annual-2025-medaire-paymentSouthdown contingent commercial-mining payment

1000000 AUD

2025-12-31
annual-2025-wembley-royaltyWembley net smelter return royalty

1 %

2025-12-31
annual-2025-mt-windsor-interestMt Windsor JV ownership

30 %

2025-12-31
annual-2025-derivativesDerivative net asset at FY2025 year end

4706000 AUD

2025-12-31
savage-rr-2026-resourceSavage River mineral resource

464.2 Mt

2025-12-31
savage-rr-2026-reserveSavage River ore reserve

96.3 Mt

2025-12-31
savage-rr-2026-npug-reserveNorth Pit Underground probable reserve

60.6 Mt

2025-12-31
savage-rr-2026-north-resourceNorth Pit mineral resource

224.7 Mt

2025-12-31
savage-rr-2026-resource-depletionYear-on-year resource depletion

3.6 Mt

2025-12-31
savage-rr-2026-reserve-depletionYear-on-year reserve depletion

3.8 Mt

2025-12-31
savage-rr-2026-processing-qualitySavage River processing quality

95-97% DTR and pellets above 65% Fe None

2025-12-31
savage-rr-2026-el30-expiryEL30/2003 expiry

2030-06-18 None

2025-12-31
q4-2025-annual-concentrateFY2025 concentrate produced

2221357 t

2025-12-31
q4-2025-annual-pelletsFY2025 pellets produced

2210227 t

2025-12-31
q4-2025-annual-salesFY2025 total product sales

2300670 dmt

2025-12-31
q4-2025-annual-realized-priceFY2025 average realized product price

189.44 AUD/dmt

2025-12-31
q4-2025-cash-liquidCash and liquid investments

275150000 AUD

2025-12-31
q3-2025-concentrateQuarterly concentrate produced

583490 t

2025-09-30
q3-2025-pellet-salesQuarterly pellet sales

591179 dmt

2025-09-30
q3-2025-realized-priceQuarterly realized product price

203.72 AUD/dmt

2025-09-30
q3-2025-c1-costQuarterly C1 cash operating cost

163.37 AUD/t

2025-09-30
q3-2025-cash-liquidCash and liquid investments

272760000 AUD

2025-09-30
half-year-2025-revenueFirst-half revenue

206426000 AUD

2025-06-30
half-year-2025-patFirst-half profit after tax

13767000 AUD

2025-06-30
half-year-2025-cashCash and cash equivalents

113171000 AUD

2025-06-30
half-year-2025-inventoryInventories

221844000 AUD

2025-06-30
half-year-2025-operating-cash-flowOperating cash flow

41366000 AUD

2025-06-30
half-year-2025-realized-priceFirst-half realized product price

178.63 AUD/dmt

2025-06-30
rights-2025-issuedGRRAU performance rights issued

3560318 rights

2025-06-05
rights-2025-ordinary-sharesOrdinary shares on issue

1157338698 shares

2025-06-05
rights-2025-total-unquotedTotal unquoted performance rights after issue

7678616 rights

2025-06-05
southdown-2025-resourceSouthdown mineral resource

1257 Mt

2024-12-31
southdown-2025-reserveSouthdown probable ore reserve

412 Mt

2024-12-31
southdown-2025-productionSouthdown planned concentrate production

5 Mtpa

2025-04-14
southdown-2025-mine-lifeSouthdown mine life

28 years

2025-04-14
southdown-2025-npvSouthdown after-tax NPV

877000000 AUD

2025-04-14
southdown-2025-irrSouthdown after-tax IRR

14.8 %

2025-04-14
southdown-2025-capexSouthdown initial capital cost

2339000000 AUD

2025-04-14
southdown-2025-opexSouthdown average all-in cost

117.1 AUD/t concentrate

2025-04-14
southdown-2025-priceSouthdown average concentrate price assumption

175 AUD/t

2025-04-14
southdown-2025-fundingSouthdown funding and approvals status

equity partner search and revised environmental approvals remain pending None

2025-04-14
savage-rr-2025-resourceHistorical Savage River mineral resource

467.8 Mt

2024-12-31
savage-rr-2025-reserveHistorical Savage River ore reserve

100.1 Mt

2024-12-31
rights-2024-issuedGRRAU performance rights issued

2036885 rights

2024-06-13
rights-2024-ordinary-sharesOrdinary shares on issue

1157338698 shares

2024-06-13
npug-2024-npvNorth Pit Underground DFS post-tax NPV

775000000 AUD

2024-02-28
npug-2024-irrNorth Pit Underground DFS post-tax IRR

34 %

2024-02-28
npug-2024-capexNorth Pit Underground initial capital

891000000 AUD

2024-02-28
npug-2024-opexNorth Pit Underground C1 operating cost

93.8 AUD/t concentrate

2024-02-28
npug-2024-reviewIndependent technical review conclusion

no fatal flaws identified None

2024-02-28
savage-rr-2024-statementHistorical resource and reserve statement

True None

2023-12-31
market-grr-2026-07-31-closeGRR.AX closing price

0.14 AUD/share

2026-07-31
market-grr-2026-07-31-volumeGRR.AX trading volume

1883429 shares

2026-07-31
market-grr-security-basisMarket security basis

GRR.AX ordinary fully paid share None

2026-07-31
market-grr-2026-08-07-closeASX:GRR closing price

0.135 AUD/share

2026-08-07
market-grr-2026-08-07-volumeASX:GRR trading volume

1097970 shares

2026-08-07
market-grr-2026-08-07-security-basisMarket security basis

ASX:GRR ordinary fully paid share None

2026-08-07
npug-ite-2026Independent technical review

no fatal technical, operational or permitting flaws None

2026-05-13
npug-shareholder-funding-2026Major shareholder financing support

will not provide financial support at this stage None

2026-05-13
npug-lease-bill-2026Lease extension legislation

passed both Tasmanian houses; final reading and Royal Assent pending None

2026-05-13
h1-2026-revenueH1 2026 revenue

230788000 AUD

2026-06-30
h1-2026-underlying-profitH1 2026 underlying profit after tax

10503000 AUD

2026-06-30
h1-2026-statutory-lossH1 2026 statutory loss after tax

-541845000 AUD

2026-06-30
h1-2026-impairment-pretaxSavage River impairment before tax

690700000 AUD

2026-06-30
h1-2026-impairment-aftertaxSavage River impairment after tax

552348000 AUD

2026-06-30
h1-2026-ntaNet tangible backing per ordinary share

0.49 AUD/share

2026-06-30
h1-2026-interim-dividendInterim dividend

0 AUD/share

2026-06-30
h1-2026-smaller-planRevised mine plan

smaller sub-level cave rather than block cave development; lower forecast iron ore prices None

2026-06-30
market-grr-2026-09-25-closeGRR.AX close

0.13 AUD/share

2026-09-25
market-grr-2026-09-25-volumeGRR.AX volume

1078674 shares

2026-09-25
market-grr-2026-09-25-basisMarket security basis

one ASX GRR ordinary share None

2026-09-25
market-grr-2026-08-31-closeGRR.AX close

0.135 AUD/share

2026-08-31
market-grr-2026-08-31-volumeGRR.AX volume

509066 shares

2026-08-31
market-grr-2026-09-01-closeGRR.AX close

0.135 AUD/share

2026-09-01
market-grr-2026-09-01-volumeGRR.AX volume

353559 shares

2026-09-01