Hematite
The hematite production is concentrated to iron ore bulk products formulated for metallurgical applications.
Key customers are large steel manufacturers, mainly in Europe. Rana Gruber has an off-take agreement with Cargill for the entire hematite production, in which Cargill assists the company with sales, marketing, and risk management. The end market is that of processed steel to, among other things, buildings, infrastructure, and the automotive industry.