FINANCIAL REPORTS 2024
SEMI-ANNUAL REPORT 2024 (SWEDISH ONLY)
It is with great pleasure that we can present this first half-yearly report for the consolidated Grangex group, following the major acquisition of the Sydvaranger mine in May. The mine is Norway’s largest mine and Europe’s third largest iron mine. Through the acquisition, the group grows strongly and is transformed with large assets into a much larger unit.
INTERMIN REPORT Q1 2024 (SWEDISH ONLY)
What a start to the year for GRANGEX, which continues to make great strides as a mining development company! GRANGEX 5.0 symbolizes our combined production potential which, after the acquisition of the Sydvaranger mine and in cooperation with Anglo American, further accentuates GRANGEX’s contribution to the green transition of the steel industry in Europe.
YEAR -END REPORT 2023
When we sum up the results of the past year, I am pleased to note significant events shaping the future direction of GRANGEX. It is important to reflect on 2023, a year of many successes. I am thinking in particular of developments in the Dannemora project, which received an environmental permit from the Swedish Land and Environment Court in record time – only 51 weeks from submitting the application. This was a key milestone in the Dannemora project’s progress towards the start of production.
ANNUAL REPORT 2023
Our goal for 2024 is to secure the financing for the Dannemora project and start the construction works as well as complete the acquisition of the Sydvaranger mine and start updating the existing feasibility study. These next steps are decisive milestones in our work and the endeavor to contribute positively to both the green transformation of the steel industry and to society as a whole where we operate.