CAPITAL MARKETS

Grange shrugs off sector slump

A HEALTHY half-year profit and a maiden dividend has cemented Grange Resources’ spot as a key player in Australian iron ore as the company continues to set itself apart from its more troubled peers in the magnetite sector.

Kristie Batten
Grange shrugs off sector slump

“We remain Australia’s leading magnetite producer,” Grange managing director Russell Clark told journalists at a media briefing this morning. Revenue for the six months to June 30 jumped 8% to $A209...

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