Grange Resources (GRR) Q3 2025 TU earnings summary

Executive summary

• Achieved 875 consecutive Lost Time Injury free days, maintaining outstanding safety performance.

• Mining and processing operations delivered to plan, with higher grade ore and increased concentrate production.

• On track to meet full year production and budgeted cost targets.

Financial highlights

• Average realised product price increased 23.98% to A$203.72/t (US$133.44/t) from A$164.32/t (US$105.30/t) in the previous quarter.

• Cash and liquid investments rose to A$272.76 million, up from A$239.37 million in the June quarter, driven by higher revenues.

• Trade receivables increased to A$23.14 million from A$17.98 million sequentially.

Outlook and guidance

• Full year production plan and budgeted costs are expected to be met.

• North Pit Underground Project financing and technical due diligence are progressing.