Australia's Grange Resources rallies after greenlighting Savage River underground project
14/10/2026 04:51
BUZZ-Australia's Grange Resources rallies after greenlighting Savage River underground project ** Shares of Grange Resources GRR.AX rise 13.6% to A$0.125, strongest session since April 30 and hit highest in two weeks
** Iron ore pellet producer greenlits the North Pit Underground Project at its Savage River Iron Ore Pellet Operations in Tasmania
** Underground project is poised to extend the life of Savage River operations through 2035, with first ore production targeted from 2028
** Stock down 61.4% YTD as of last close
(Reporting by Swetha Lakshmi in Bengaluru)
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