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Grange Resources Limited
Grange Resources is a Public Company that generates the majority of its income from the Iron Ore Mining industry. In 2024 the company generated total revenue of $546,059,000 including sales and other revenue. In 2024 Grange Resources had 659 employees including employees from all subsidiaries under the company's control. The Chief Executive of Grange Resources is Mr Weidong Wang whose official title is Chief Executive Officer. The Chairman of Grange Resources is Dr Michelle Li whose official title is Independent Non-Executive Chairperson. Grange Resources Limited is a magnetite exploration and iron ore mining company with the following projects: Savage River - Located 100 kilometres south-west of Burnie, Tasmania, this iron ore mine comprises three open-pit mines - Noth, Central, and South, a primary crusher, a concentrator, a slurry pipeline and pelletising plant. Port Latta - Located 70 kilometres north-west of Burnie, Tasmania, this iron ore processing plant and port facility produces approximately two million tonnes of iron ore pellets per year. Southdown - Located 90 kilometres northeast of Albany, Western Australia, to mine and export magnetite.Grange Resources also owns minority stakes in the Reward, Highway, Rewards Deeps/Conviction, Mt Windsor Exploration, and Durack/Wembley joint ventures, with the majority of these ventures in the exploration stage.
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What's included in this industry analysis
IBISWorld's research coverage on the Grange Resources Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
Grange Resources Limited, trading as Grange Resources, operates under the ABN 80 009 132 405 and was incorporated on 23 May 1985. Grange Resources Limited trades on the Australian Securities Exchange under the ticker code ASX:GRR. Grange Resources Limited primarily operates in the Iron Ore Mining industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within Grange Resources Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents Grange Resources Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Grange Resources Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of Grange Resources Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of Grange Resources Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Grange Resources Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of Grange Resources Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
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Frequently Asked Questions
What is Grange Resources Limited?
Grange Resources Limited is a magnetite exploration and iron ore mining company with the following projects: Savage River - Located 100 kilometres south-west of Burnie, Tasmania, this iron ore mine comprises three open-pit mines - Noth, Central, and South, a primary crusher, a concentrator, a slurry pipeline and pelletising plant. Port Latta - Located 70 kilometres north-west of Burnie, Tasmania, this iron ore processing plant and port facility produces approximately two million tonnes of iron ore pellets per year. Southdown - Located 90 kilometres northeast of Albany, Western Australia, to mine and export magnetite.Grange Resources also owns minority stakes in the Reward, Highway, Rewards Deeps/Conviction, Mt Windsor Exploration, and Durack/Wembley joint ventures, with the majority of these ventures in the exploration stage.
What industry does Grange Resources Limited operate in?
Grange Resources Limited, trading as Grange Resources, is a Public Company that generates the majority of its income from the Iron Ore Mining industry in Australia.
Where is Grange Resources Limited located?
Murray Cod Australia Limited company is based at 34A Alexander Street, Burnie, Tasmania, Australia.
Who is the CEO of Grange Resources Limited?
The Chief Executive Officer of Grange Resources Limited is Michelle Li and the Chief Executive Officer is Weidong Wang.
What was Grange Resources Limited’s revenue in 2025?
In 2025, Grange Resources Limited generated total revenue of approximately $546.1 million.
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