On 30 November 2023, GRANGEX AB (publ) (“Grangex”)announced that it had executed a conditional sale and purchase agreement (“SPA”) with OMF Fund II H Ltd (“Orion”) for the acquisition of 100% of the share capital and shareholder loans of Sydvaranger Mining AS (“Sydvaranger”). Sydvaranger owns an iron ore mine in Kirkenes, Northern Norway, where Grangex…
Read moreFRIDAY, 22 DECEMBER 2023, 14.30 CET THIS PRESS RELEASE IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SWITZERLAND, SOUTH AFRICA, USA OR ANY OTHER JURISDICTION WHERE SUCH MEASURE IN WHOLE OR IN PART IS SUBJECT TO LEGAL RESTRICTIONS. THIS PRESS…
Read moreFRIDAY, DECEMBER 22, 2023, 14:20 CET Report this content On 30 November 2023, GRANGEX AB (publ) (“Grangex” or “the Company”) announced that it has executed a conditional sale and purchase agreement (“SPA”) with OMF Fund II H Ltd (“Orion”) for the acquisition of 100% of the share capital and shareholder loans of Sydvaranger Mining AS…
Read moreGRANGEX AB (“Grangex”, “Purchaser”) today announces that it has executed a conditional sale and purchase agreement (“SPA”) with OMF Fund II H Ltd (“Orion”, “Seller”) for the acquisition of 100% of the share capital and shareholder loans of Sydvaranger Mining AS (“Sydvaranger”) from Orion for a total consideration of USD 33 million. Sydvaranger owns an…
Read moreGRANGEX AB (“Grangex”) today announces that it has entered into an exclusivity agreement with OMF Fund II H Ltd (“Orion”) for the purposes of negotiating final definitive documentation in relation to the acquisition of 100% of the share capital and shareholder loans of Sydvaranger Mining AS (“Sydvaranger”) from Orion for a total consideration of USD…
Read moreGRANGEX is pleased to announce that today the Land and Environmental Court in Nacka (Mark- och Miljödomstolen i Nack) has issued a judgement. The Land and Environmental Court approves the environmental impact assessment, completes the environmental assessment and grants Dannemora Iron AB a permit for mining operations etc. and water operations at the Dannemora mine…
Read moreGrängesberg Exploration Holding AB (publ) (“GRANGEX” or the “Company”) is pleased to announce that the Company, through its wholly owned subsidiary Dannemora Iron AB, today has secured a binding term sheet for an offtake agreement (the “Offtake Agreement”) for the entire planned production of low carbon ultra-high-grade magnetite concentrate at the Dannemora mine, with global…
Read moreGrängesberg Exploration Holding AB ("GRANGEX" or ”the Company") has appointed Swedbank AB and SpareBank 1 Markets AS as financial advisors for the project financing of the restart of the Dannemora iron ore mine, as well as the build-up of the circular apatite project in Grängesberg.
Read moreGrängesberg Exploration Holding AB - GRANGEX - presents the results of a Feasibility study (the Study or FS) for the recommencement of mining at their Dannemora Iron Mine, with a carbon free focus. The Study establishes, among more, that Dannemora can be a producer of high-grade iron ore concentrate with a very low carbon footprint,…
Read moreGrängesberg Exploration Holding AB - GRANGEX - presents the results of the completed Pre-feasibility study (PFS) of the conditions for the recommencement of production in the Dannemora mine. The key objective for the PFS has been to investigate the possibility to develop Dannemora as a carbon-free mine operation. The PFS confirms the possibility of producing…
Read moreNordic SME listed Grängesberg Exploration Holding AB - GRANGEX - presents the results of the completed Scoping study that indicates good conditions regarding the restart of the Dannemora mine. The study shows that it's possible to produce an iron ore concentrate with very high quality. The overall conclusion of the comprehensive study is that with…
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