Highlights from the quarter: Historical high concentrate production with 1.848.000 mt. for the financial year of 2024 Significant improvement in cash cost from the previous quarters Advancing preparations for the new Stensundtjern open-pit mine Board of directors has decided to…
Rana Gruber (the “Company”), Norway’s only iron ore supplier, today presents its financial results for the third quarter of 2024 as well as long-term ambitions, strategies and priorities for the coming years at its annual Capital Markets Day. Since 2020,…
Highlights from the quarter: • Record high sales volume of Hematite in one quarter. • A well-planned maintenance stop was completed in second quarter, with focus on the Fe65 and increased magnetite production. • Increased cash cost due to extensive…
For the first quarter of 2024, Rana Gruber reported revenues of NOK 285 million, a decrease from NOK 493 million in the same period in 2023. This decline is primarily due to lower iron ore prices and the delay of…
The previous board consisted of Morten Støver (Chairman), Frode Nilsen, Kristian Adolfsen, Ragnhild Wiborg, and Hilde Rolandsen (all shareholder-elected) and Johan Hovind, Lasse Strøm, and Henriette Pedersen (employee representatives). Two of the board members were up for election, namely Frode…
Notice to our General meeting Read our guide for participating online The nomination committee’s recommendation for election of four shareholder elected board members Executive Remuneration Report 2023 Minutes from GM 2024 For shareholders receiving notice by post (with Ref.nr and…
The past year was marked by significant achievements and advancements for Rana Gruber. Notably, the company produced 1.817 million metric tons of concentrate, setting a new record for production performance. Additionally, the efforts towards enhancing the iron content has been…
Revenues for the fourth quarter came in at record high NOK 620.2 million, up from NOK 382.8 million in the fourth quarter of 2022. The increase is driven by higher realised prices, increased sales volumes, as well as currency effects…
Rana Gruber produced 503 thousand metric tons iron ore concentrate in the quarter. This represents a significant increase and marks the strongest production quarter in the company’s history. What’s particularly satisfying is that we manage to maintain high quality even…
Rana Gruber produced 427 thousand metric tons in the quarter. That is 9 per cent more than in the second quarter of 2022. The increase in production is a result of ongoing process improvements in the entire value chain. The…