Unfortunately, China look to be going ahead with the giant mine(s) planned in Guinea, Africa. A challenging project but planned to come online by 2025/26. There was an article about it in the weekend Fin Review.
Apparently the whole reason for the Chinese doing it is to drive down global IO prices.
So I would suggest Grange might encounter a bit of competition if/when Guinea starts production.
Pellet Price, page-518
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.0¢ |
Change
0.010(3.85%) |
Mkt cap ! $306.6M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.5¢ | 26.3¢ | $193.6K | 718.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3167 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 217633 | 14 |
View Market Depth
| Last trade - 12.18pm 17/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |