Grange Resources Limited · ASX:GRR

Grange Resources — Investor Presentation (August 2024)

15 slides from Grange Resources's investor presentation, Aug 22, 2024

  1. Slide 1: Investor Presentation

    Investor Presentation 22 Aug 2024

  2. Slide 2: Disclaimer

    I Disclaimer The material in this presentation is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase, any security in Grange Resources Limited (“GRR”) nor does it form the basis of any contract or commitment. Any decision to buy or sell GRR securities sh

  3. Slide 3: Acknowledgement of Country

    I Acknowledgement of Country Grange acknowledges the Traditional Custodians of the land on which we work, live and operate; the Palawa of lutruwita/Tasmania and the Noongar Menang people of the Albany region, WA. We recognize our First Nations people and their continuing connection to land, water an

  4. Slide 4: Purpose | Vision | Values

    I Purpose | Vision | Values Our Purpose: The responsible provision of mineral We value At Grange we all will… resources to support sustainable Safety ✓ Work safely. development, growth and prosperity Respect ✓ Lead & act with fairness, integrity, trust and respect. Accountability ✓ Be responsible &

  5. Slide 5: Quality Product

    I Quality Product Grange’s high-quality pellet delivers: ✓ High iron content ✓ Low impurities ✓ Minimal environmental impact ✓ Reduced energy consumption 5

  6. Slide 6: Strategic Plan Framework

    I Strategic Plan Framework Deliver Integrate Build Capacity & Develop Strategic Drive Shareholder Sustainable LOMP Innovation Capability Initiatives Value Maintain fundamental business to Apply innovation to improve Maintain a committed workforce Be forward looking and Maximise sustainable returns.

  7. Slide 7: 2024 Q2 Highlights

    I 2024 Q2 Highlights Delivering shareholder value through process improvement with safe and sustainable operations 1 Over 1-year Lost Time Injury Free 2 Maintained strong balance sheet with A$290M cash and liquid investments. 3 Produced 1.26MT concentrate produced Year to Date. 4 Pellet product attr

  8. Slide 8: Emission Reductions

    I Emission Reductions Continuing our journey towards emission reduction targets ▪ Tracking projects to timeline. ▪ Completed Furnace 4 upgrade. ▪ Eliminated anthracite usage in the first furnace. ▪ Progressing underground transition through project commitment phase. ▪ Developing concept studies for

  9. Slide 9: Historical Financial Performance

    I Historical Financial Performance Strong financial results were delivered through quality production output EBITDA $M NPAT $M OPEX, CAPEX, Dividend 23 NPAT $M Average Product Price (Pellet) USD US$ Total Operating Costs (A) $M 139 467 Capex $M 96 Dividend 23 94 23 162 322 23 12 23 23 46 23 86 59 47

  10. Slide 10: Savage River Mineral Assets

    I Savage River Mineral Assets Total resources of 472MT supporting long life operations and maximising mineral assets North Pit 600 ▪ High-quality, long-life resources 500 ▪ ~226MT @ 48%DTR ▪ Supporting long life operations & 400 underground transition Mt 300 Mineral Resources growth Centre Pit 200 ▪

  11. Slide 11: North Pit Development

    I North Pit Development

  12. Slide 12: Centre Pit Development

    I Centre Pit Development 12

  13. Slide 13: Strategic Projects - NPUG

    I Strategic Projects - NPUG NPUG DFS demonstrates significant value uplift and sustainable long-life mine ▪ Access to 64 million tonnes of ore ▪ Substantial reduction of 30% with underground mining costs at an average of A$13/t ore ▪ Plan to commence development in 2025 with strong project returns I

  14. Slide 14: Strategic Projects - Southdown

    I Strategic Projects - Southdown Study optimisation is moving forward based on PFS design at initial production of 5MTPA ▪ High-quality magnetite concentrate at nearly 70% Fe ▪ Potential expansion up to 10MTPA ▪ Dry grinding technology will improve efficiency and reduce power and water demand Next S

  15. Slide 15: Summary

    I Summary Our Key Strengths: ▪ Experienced magnetite producer with a long-life project close to the Asian market ▪ Producing high-quality iron ore product (65%+ Fe) ▪ Dedicated, capable & experienced management team ▪ Teams focused on innovation & continuous improvement Delivering into our Strategie

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