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05 Apr
19:52

Rana Gruber first-quarter output, sales remain unchanged

Iron ore producer Rana Gruber reported a 1% on-year decline in first-quarter iron ore concentrate production to 406,000 tonnes. Sales of main product hematite however inched up 0.5% to 383,000t. Magnetite sales fell 29% to 20,000t. Iron ore production declined 9% in Q1 to 1.27 million tonnes, according to the firm’s quarterly production report seen by Kallanish. Norway-based Rana Gruber recently became the first miner to list on the Oslo Stock Exchange…
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