Grange Resources (GRR) AGM 2026 presentation summary

Purpose, vision, and values

• Focus on responsible mineral extraction to support sustainable development and prosperity.

• Commitment to producing high-quality steelmaking raw materials efficiently and economically.

• Emphasis on safety, respect, accountability, efficiency, sustainability, teamwork, and people.

Financial and operational performance

• Market capitalization of A$214m and available funds of A$284m with no debt as of March 2026.

• Consistent profitable operations, with over A$370m in dividends paid since 2020.

• 2025 cash costs at A$165/t and price premium of ~18% over the 65% Fe benchmark.

• Stable iron ore pellet production and sales, maintaining strong EBITDA through commodity cycles.

Asset base and project development

• Savage River: 464Mt @ 44% DTR mineral resource, supporting long-life operations.

• Southdown: 1,257Mt @ 33.8% DTR, one of Australia’s largest undeveloped magnetite resources.

• NPUG (North Pit Underground Project) advanced with over 5km of underground development and bulk ore sample processed.

• Resource at Savage River open at depth, indicating potential for further expansion.