Articles On Grange Resources (ASX:GRR)

Grange Resources (GRR) reveals a decrease in quarterly sales revenue on the back of sinking iron ore prices The company says it increased iron ore production over the September quarter compared to the quarter before, but both sales volumes...

Set against rumours of its demise, spot iron ore has remained stubbornly defiant, reminding investors again why forecasting is a fool’s errand by bouncing above US$135/t on Monday night. A broad consensus is forming around metals like coppe...

Is there any end to coal’s incredible price run in 2021? This week has seen thermal coal prices rise to record levels, with low volatility 6000kcal product from Newcastle soaring 5% to US$240/t yesterday. Twelve months ago, when China’s dip...

The pundits were right, for once: the laws of market gravity were always going to catch up with the price of iron ore, which in a matter of weeks has tumbled more than 50% from its nosebleed territory of US$220 a tonne. Still, no-one quite...

Highlights Iron ore prices have plunged in the wake of China’s renewed crackdown on heavily polluting industries. The prices of iron ore have slumped 33.65% in the last one month. Various ASX-listed iron ore players are struggling to...

Coking coal prices have gone a wee bit crazy in recent weeks, presenting a once in a generation opportunity for ASX-listed companies who looked sickly as the 2021 financial year wrapped up. According to Fastmarkets MB, supply remains tight...

Highlights The prices of steel futures shot up to record levels in mid-August on the back of global supply concerns. China’s steel industry has been showing signs of acceleration, with seven significant mergers and acquisitions declare...

Is Rio Tinto (ASX:RIO) going to disappoint on shipments yet again? The gaffe-prone Pilbara miner, which was carried by stratospheric iron ore prices to a US$9.1 billion dividend at the half year, appears likely to miss its ambitious guidanc...

Andrew Forrest said he wouldn’t bet against the price of iron ore this week as he addressed media and analysts in a lap of honour for Fortescue Metals Group’s (ASX:FMG) transformative 2021. That was driven by record high iron ore prices thr...

The ASX 200 made a positive start to the week, rising by 0.22%. The mining sector was the clear winner today, rising by 3% while other sectors seesawed between gains and losses. Consumer Discretionary was the biggest drag on the broad index...

How’s that Aussie coal ban going for China? Prices of imported premium coking coal in the Middle Kingdom soared to record highs of US$384 per tonne while China looks around every nook and cranny to source the product it once got from our ea...

It powers Australia’s economic engine room, but iron ore is sputtering after the spot price recorded its biggest single day drop on Friday since index pricing began. Fastmarkets saw iron ore prices for benchmark 62% fines to northern China...

Highlights  Iron ore prices slumped to eight-month lows on the rising concerns of coronavirus spread and expectations of slower economic growth. Iron ore prices had skyrocketed to record highs in May due to strong demand from the Chine...

BHP (ASX:BHP) has taken advantage of 2021’s astonishing boom in iron ore prices to shower shareholders with a record dividend and kickstart the transformation of the world’s biggest mining house. Its final payout of US$2 per share came off...

Iron ore prices slid to their lowest levels since April overnight, as speculation about Chinese steel production cuts delivered a hit to the Pilbara’s big iron ore miners. Prices fell 7.7% to US$169.30/t according to CommBank, while Fastmar...

Summary The ASX 200 opened mildly lower, 0.11 % or 8.3 points down to 7502.8, on Friday. In the opening hour, the market breadth is slightly on a bearish side, with seven out of the 11 sectors falling so far. Briscoe Group has seen an...

What happened to the most talked about commodities in July? Gold bounced back from recent lows to record a solid 2.54% gain (that’s +4.12% in Aussie dollar terms). The base metals suite – aluminium, copper, lead, nickel, tin and zinc – all...

Iron ore prices fell to their lowest level in two and a half months on the back of noise about steel production cuts in China on Friday, only to moderate on Monday. A 7% flop in iron ore prices to a little over US$180/t to end last week wou...

Summary As of 10:30 AM AEST, the ASX 200 dropped 18.4 points or 0.25% to 7,473. On Tuesday, the A-VIX has gained 0.07 points or 0.55% (as of 10:30 AM AEST) and is trading at 11.88. PointsBet Holdings has sold a decent equity worth AU$...

The big end of town cooled off a bit to end the week, as mining stocks eased back while the broader ASX200 drifted lower into the close. It followed two days of strong gains for the ASX200 Materials index, which gained an impressive 7.3% fo...

Summary Returns for the ASX200 in July have been somewhat muted, with the benchmark index generating a return of 0.91%, significantly lower than the 12.03% YTD returns. However, July has been a strong month for several ASX players that...

Are Chinese steel margins on the way back up? Sliding and eventually negative steel margins in June led many analysts to the conclusion that high prices for iron ore would slide rapidly in the second half of the year as steel producers look...

Whisky manufacturer Lark Distilling Co (ASX:LRK) kept things warm during winter, leading a group of 25 stocks that posted a 14-day RSI above 70 last week. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relat...

After a rough couple of days, local stocks got back in the saddle on Wednesday as most large cap sectors finished in positive territory. There was no clear standout on the day, with resources and materials both finishing more than 1% higher...

Tasmanian iron ore producer Grange Resources (ASX:GRR) has become well known for the quality of its iron ore and, while small in volume, makes up for it in tactical nous by supplying pellets that grade around 65%. The Caleb Daniel of the ir...

Most ASX large cap sectors finished in the red today, in a topsy-turvy session which saw the ASX200 fall sharply at the open then claw back ground, before losing steam into the close of trade. Yesterday’s rotation out of large cap mining &a...

ASX-listed miners are in a collective rut and even a record year of iron ore exports from BHP (ASX:BHP) could not get it in the green today. BHP lost upwards of 2% on the Aussie bourse, as did Rio Tinto (ASX:RIO), Lynas (ASX:LYC), Champion...

The Grange Resources Limited (ASX: GRR) share price is gaining today after the company released its latest quarterly report. Within the report, Grange Resources said the average price it received for its iron ore products increased by 25.5...

There were few winners at the big end of town, as local stocks sold off sharply following a weak lead from Wall Street. The ASX200 Energy index fell by more than two per cent, accompanying a selloff in oil prices after OPEC member states ag...

On Friday, the ASX 200 finished 0.17% higher, after regaining lunchtime losses. Energy and Utilities were the main drag on the benchmark index, which closed the week 1% higher. Buy-now-pay-later (BNPL) stock Afterpay (ASX:APT) continued its...

The ASX 200 edged 0.26% lower after trading flat at lunch time, despite stronger than expected employment numbers. All sectors were in the red, except for Utilities and Materials. Australia’s unemployment rate fell to 4.9%, with 29,100 jobs...

Summary Many sectors have outperformed during previous Covid-19 waves Metal and mining, oil and gas, and software and services are few sectors that have experienced increasing investors’ attention ASX stocks such as GRR, IEL, CXL are...

The Grange Resources Ltd (ASX: GRR) share price has waltzed through today’s session in the green. Grange Resources’ shares closed at 78.5 cents, up 4.67% on the day. Including today’s gains, the company’s share price is up 30% over the pr...

In spite of China’s complaints about commodity prices, iron ore was relatively steady in June after a volatile May, with benchmark 62% fines opening the first full week of the new financial year above US$220/t. Those price levels, up from a...

The sun is shining again on Australian iron ore, at least for now, with prices again threatening to touch historic levels just one month after reaching record highs. Benchmark 62% fines opened the week in China at US$222.30 a tonne, just US...

• Benchmark 62% Fe iron ore price closes a wild month after 5.6% rally to $US198.75 • Iron ore futures trend higher at the end of a week dominated by talk about Chinese intervention • Coking coal finds price support as Aussie export prices...

Have a spare $US3.5 billion lying around? Andrew Forrest’s Fortescue Metals Group (ASX: FMG) appears to be pushing ahead with the 22Mtpa Iron Bridge magnetite mine, despite on Friday reporting a US$900 million cost blowout on the initially...

Early last week, Chinese premier Li Keqiang said China needed to take more steps to curb “unreasonable” price increases for bulk commodities, right after we wrote this: Lol. Hubris.…which aged badly. Iron ore prices have fallen below $US200...

ShareCafeBrazil Poised to Give Oz Ore Market a Close Shave Australia will lose share over the next five years in the global iron ore market to Brazil because of the latter’s high grade iron ore reserves and exports, according to a new repor...

Is this what winning a trade war looks like? Chinese sanctions on our wine, coal and lobster pale in comparison to the mammoth prices being paid for Australian iron ore. In fact, the Aussie government could rake in an extra US$34 billion ($...

ShareCafeIron Ore: The lie of the land ShareCafe readers will know by now that the boom in iron ore prices is down to the continuing solid demand from Chinese mills. The factors advanced by analysts and others have been many – rising steel...

Iron ore 62 per cent fines prices were unchanged this week at US$188 per tonne Hard coking coal prices were up US$0.35 to $US111.13 per tonne at Queensland ports The Chinese steel industry has pointed the finger at the concentrated owners...

This is getting absurd. Iron ore was up another $US6.35 – or 3.4% — yesterday to $US191.45/t (CFR Tianjin port). That’s very close to all-time highs of ~$US200/t, reached in November 2007. The US iron ore price (62% fe) since late 2007. Pic...

The Grange Resources Limited (ASX:GRR) share price is rising today after the company released its quarterly activities report, outlining increased production and sale prices. At the time of writing, the Grange Resources share price is up 5...

Iron ore 62 per cent fines prices traded this week at $US182 per tonne, up $US7.45 on a week ago Hard coking coal prices were down $US2 on-week at $US105.10 per tonne at Queensland ports China’s steel reinforcing bar price is down $US9.55...

Iron ore 62 per cent fines prices traded this week at $US174.55 per tonne, up $US3.65 on a week ago Hard coking coal prices were down $US1.50 on-week at $US107.10 per tonne at Queensland ports China’s steel reinforcing bar price is down $U...

Iron ore price predictions are all over the shop. lol.Clearly, no one has a clue where iron ore prices will end up. But we can tell you where they’ve been (and maybe where they’re going next). Prices are still at historically high levels, b...

Iron ore fines prices traded this week at $US168.90 per tonne, up $US11.80 on a week ago Hard coking coal prices were 45 US cents lower on-week at $US105.80 per tonne at Queensland ports China’s steel reinforcing bar price is up $US10 this...

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Iron ore fines prices traded this week at $US157.10 per tonne, $US6.50 lower on a week ago Hard coking coal prices were $US2.40 lower on-week at $US106.25 per tonne at Queensland ports China’s steel reinforcing bar price is $US5 higher thi...