Rana Gruber (RANA)

[TekBot]

Rana Gruber enters iron ore swap contracts

Rana Gruber ASA has entered into Iron Ore 62% Fe, CFR China (TSI) swap contracts.

Rana Gruber ASA has agreed to sell a total of 90.000mt in Q4-24.
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Prices and volumes:

• 30.000 mt per month in Q4-24 at an average price of 120.7 USD/mt.

The swap contracts relate to physical shipments in Q3-24.
Final financial settlement of these shipments will be connected with the swap contracts.

Total volume of iron ore swap contracts after today is:
December 23: 80.000mt (avg. 116.03 USD/mt)
Q1-24: 180.000mt (avg. 116.59 USD/mt)
Q2-24: 240.000mt (avg. 116.84 USD/mt)
Q3-24: 180.000MT (avg. 120.07 USD/mt)
Q4-24: 90.000MT (avg. 120.70 USD/mt)

Contact
CEO, Gunnar Moe
+47 941 47 650
Gunnar.moe@ranagruber.no

CFO, Erlend Høyen
+47 902 02 741
Erlend.hoyen@ranagruber.no

About Rana Gruber ASA
Rana Gruber is a Norwegian iron ore producer established in 1964, with operations based on more than 200 years of mining experience. The company’s products are based on natural mineral resources, which are processed and exported to customers worldwide. Key customers include steel producers and participants in the chemical industry. The company has about 300 employees and a production capacity of 1.8 million metric tons of iron ore concentrates.

Kilde

[TekBot]

Rana Gruber ASA – Production update Q4-23

Rana Gruber has today published the production update for the fourth quarter of 2023.
The concentrate production of the fourth quarter was 452.000 metric tons, down from 460.000 metric tons last year. This is a strong quarter, despite the 5-day scheduled maintenance stop conducted in the fourth quarter this year to implement improvements to the magnetite circuit and minor upgrades for the Fe65 project.

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In 2024, the production reached 1.817.000 tons, up from 1.728.000 tons last year. This marks the strongest production year in the company’s history.

Volume sold of hematite was 406.000 metric tons, which corresponds to seven shipments.
The last of these seven shipments left Mo i Rana on January 2, 2024. Approximately 2/3 of the cargo was loaded by the end of the year and will be recognized as revenue in the fourth quarter. The remaining 1/3 of the cargo will be recognized as revenue in the first quarter of 2024.

Final settlement of these shipments will be in January (2), February (2) and March (3).
As previously announced, two shipment was sent to Asia. Final settlement for these shipments will be in January and March.

About Rana Gruber
Rana Gruber is a Norwegian iron ore producer established in 1964, with operations based on more than 200 years of mining experience. The company’s products are based on natural mineral resources, which are processed and exported to customers worldwide. Key customers include steel producers and participants in the chemical industry. The company has about 300 employees and a production capacity of 1.8 million metric tons of iron ore concentrates.

Contact
CEO, Gunnar Moe
+47 941 47 650
Gunnar.moe@ranagruber.no

CFO, Erlend Høyen
+47 902 02 741
Erlend.hoyen@ranagruber.no

Kilde

[TekBot]

Rana Gruber ASA – Production update Q4-23

Rana Gruber has today published the production update for the fourth quarter of 2023.
The concentrate production of the fourth quarter was 452.000 metric tons, down from 460.000 metric tons last year. This is a strong quarter, despite the 5-day scheduled maintenance stop conducted in the fourth quarter this year to implement improvements to the magnetite circuit and minor upgrades for the Fe65 project.

…

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In 2023, the production reached 1.817.000 tons, up from 1.728.000 tons last year. This marks the strongest production year in the company’s history.

Volume sold of hematite was 406.000 metric tons, which corresponds to seven shipments.
The last of these seven shipments left Mo i Rana on January 2, 2024. Approximately 2/3 of the cargo was loaded by the end of the year and will be recognized as revenue in the fourth quarter. The remaining 1/3 of the cargo will be recognized as revenue in the first quarter of 2024.

Final settlement of these shipments will be in January (2), February (2) and March (3).
As previously announced, two shipment was sent to Asia. Final settlement for these shipments will be in January and March.

About Rana Gruber
Rana Gruber is a Norwegian iron ore producer established in 1964, with operations based on more than 200 years of mining experience. The company’s products are based on natural mineral resources, which are processed and exported to customers worldwide. Key customers include steel producers and participants in the chemical industry. The company has about 300 employees and a production capacity of 1.8 million metric tons of iron ore concentrates.

Contact
CEO, Gunnar Moe
+47 941 47 650
Gunnar.moe@ranagruber.no

CFO, Erlend Høyen
+47 902 02 741
Erlend.hoyen@ranagruber.no

Kilde

[TekBot]

Rana Gruber ASA: Disclosure of change in large shareholdings and trade by primary insiders

Risøyhamn, 9th of January 2024

Leonhard Nilsen og Sønner – Eiendom AS (“LNSE”) has today 9th sold 2,000,000 shares in Rana Gruber ASA (the “Company”). Prior to the sale, LNSE owned 7,589,265 shares in the Company equalling 20.46% of the total share capital and voting rights in the Company. Following the sale, LNSE has 5,589,265 shares remaining in the Company equalling 15.1% of the total share capital and voting rights.
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Frode Nilsen is the CEO of LNSE and has 100% ownership in Tuncomp AS, which owns 28,59% of the outstanding shares in LNSE.

LNSE has entered into a 180 day lock-up agreement for the remaining shares.

The consideration will be used to finance a generational transition in LNSE.

This notification is made public pursuant to section 4-2 of the Norwegian Securities Trading Act.

Kilde

[pleximus83]

skal bli spennende å se hvordan elektrifiseringen hos Rana Gruber blir,- takler de kulden.?

(et eksempel)

https://twitter.com/i/status/1745074260346114436

[XCR]

De kjører stort sett bare under jord. Noen maskiner er allerede i drift.

[TekBot]

Major Shareholding Notification - Mirabella Financial Services LLP - RANA NO

Please see attachments on www.newsweb.no
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Kilde

[TekBot]

Major Shareholding Notification - Mirabella Financial Services LLP

Please see attchment on www.newsweb.no
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Kilde

[BankruptBeforeLunch]

Er det noen som kan tyda börsmeldingen? Noen har kjøpt eller solgt en masse aktjer, men jeg kan ikke lure ut hvis Mirabella har kjøpt eller solgt.

Merklig at det skall vare så jævla umulig å skrive på ren engelsk hvis noen har kjøpt eller solgt. Det pleier å vare vanskelig, men mulig, at liste ut hva som skjedd, men i dette fallet var det fan umulig. Noen som er bedre enn meg på engelsk og/eller har erfaring at lese slike kryptiske budskap.

[Excession]

Den irriterte meg også, vanligvis skriver de før og etter beholdning så du ser hvilken vei de passerte streken. Men her stod det bare sluttsum.

Ser på listene at de ikke er på topplisten fra før. Men Morgan Stanley står oppført med 4m aksjer. Så kan være de som er custodian for dem og at de har dermed økt. Men aner ikke egentlig. Får vel vite om noen børsdager.

[permabear]

Kanskje velkjent, men i tilfelle noen lurer på det samme som meg: Mirabella er antakeligvis Svelland Capital (dvs. Svelland Global Trading Master Fund).

[XCR]

Dette er vel bare en signering på aksjene de kjøpte fra LNS i Januar?

[TekBot]

Major Shareholding Notification

Please see attachment on www.newsweb.no
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Kilde

[TekBot]

Invitation to presentation of fourth quarter of 2023, Thursday 15 February.

Rana Gruber ASA will release its fourth quarter of 2023 results on Thursday, 15 February at 07.00 a.m. CET.

The results will be presented in a webcast with CEO Gunnar Moe and CFO Erlend Høyen at 08.00 a.m. CET.
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The presentation and subsequent Q&A session will be held in English and may be viewed live at:
https://bit.ly/ranaQ4-23

A recording of the presentation will be made available on Investors - Rana Gruber after the presentation.

For more information, please contact:
Gunnar Moe, Chief Executive Officer: +47 941 47 650
Erlend Høyen, Chief Financial Officer: +47 902 02 741

About Rana Gruber
Rana Gruber is a Norwegian iron ore producer established in 1964, with operations based on more than 200 years of mining experience. The company’s products are based on natural mineral resources, which are processed and exported to customers worldwide. Key customers include steel producers and participants in the chemical industry. The company has about 370 employees and a production capacity of 1.8 million metric tons of iron ore concentrates.

Kilde

[TekBot]

Key information relating to the cash dividend to be paid by Rana Gruber ASA

The Board of Rana Gruber ASA has today decided to make a quarterly dividend distribution to shareholders of NOK 4.27 per share.

The fourth quarter results will be presented in a webcast with CEO Gunnar Moe and CFO Erlend Høyen on 15. February at 08.00 a.m. CET.
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Dividend amount: NOK 4.27 per share
Announced currency: NOK
Last day including right: 16. February 2024
Ex-date: 19. February 2024
Record date: 20. February 2024
Payment date: 29. February 2024
Date of approval: 14. February 2404

Contact

CEO, Gunnar Moe
+47 941 47 650
Gunnar.moe@ranagruber.no

CFO, Erlend Høyen
+47 902 02 741
Erlend.hoyen@ranagruber.no

About Rana Gruber
Rana Gruber is a Norwegian iron ore producer established in 1964, with operations based on more than 200 years of mining experience. The company’s products are based on natural mineral resources, which are processed and exported to customers worldwide. Key customers include steel producers and participants in the chemical industry. The company has about 300 employees and a production capacity of 1.8 million metric tons of iron ore concentrates.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Vegard Nerdal, Investor Relations, at Rana Gruber ASA on 14. February at 15:00 am CET.

Kilde

[TekBot]

Rana Gruber’s fourth quarter 2023 results

Rana Gruber achieved record high revenues and adjusted net profit for the fourth quarter of 2023. The board of directors decided to pay out a quarterly dividend of NOK 4.27 per share. This marks the 12th consecutive quarter of dividends from the company, with a total payout per share of NOK 12.36 for the financial year of 2023.

Revenues for the fourth quarter came in at record high NOK 620.2 million, up from NOK 382.8 million in the fourth quarter of 2022. The increase is driven by higher realised prices, increased sales volumes, as well as currency effects from a weakened Norwegian krone.
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Together with a total cash cost of NOK 243.2 million, this resulted in an increased operating profit (EBITDA), which ended at NOK 350.5 million. The adjusted net profit amounted to NOK 226.1 million, up from NOK 158.1 million in the fourth quarter of 2022.

For the financial year net profit came inn at NOK 490 million and adjusted net profit came in at NOK 655 million. For Rana Gruber 2023 therefor stands out as one of the best financial results in the company’s nearly 60-year history.

“The fourth quarter is a solid end to a remarkable year for Rana Gruber. Production reached record high volumes in 2023 and we have at the same time achieved a steady increase in quality on our main product, Hematite. We expect the strong production and quality trend to continue,” says Gunnar Moe, CEO of Rana Gruber.

Rana Gruber has recently completed the analysis of the exploration drilling which was performed in the Ørtfjell area during the summer of 2023. The results were successful and enables a one year extension of the open pit activities in the Ørtfjell area. This extension will give Rana Gruber additional time to develop more cost-efficient production strategy for the Steinsundtjern deposit.

The production volumes in the quarter were as announced in the production update in January, 453 thousand metric tons. This represents a slight decrease from 461 thousand metric tons produced in the same quarter in 2022, due to a longer planned maintenance stop than the year before. This stop was a crucial part of the strategic project to increase the magnetite production going forward.

---

Please find enclosed the report and the presentation for the fourth quarter of 2023.
The financial results will be presented by CEO Gunnar Moe and CFO Erlend Høyen, 15 February at 08.00 a.m. CET.
The presentation and a following Q&A session will be made available as a webcast which can be reached through the following link:
https://bit.ly/ranaQ4-23

A recording of the presentation and Q&A session will be available on Investors - Rana Gruber

For more information, please contact:
CEO, Gunnar Moe
+47 941 47 650
Gunnar.moe@ranagruber.no

CFO, Erlend Høyen
+47 902 02 741
Erlend.hoyen@ranagruber.no

About Rana Gruber
Rana Gruber is a Norwegian iron ore producer established in 1964, with operations based on more than 200 years of mining experience. The company’s products are based on natural mineral resources, which are processed and exported to customers worldwide. Key customers include steel producers and participants in the chemical industry. The company has about 370 employees and a production capacity of 1.8 million metric tons of iron ore concentrates.

This information is subject to the disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading Act.

This stock exchange announcement was published by Vegard Nerdal, IR at Rana Gruber AS on 15 February 2024 at 07:00 CET.

Kilde

[TekBot]

Rana Grubers resultater for fjerde kvartal 2023

Rana Gruber oppnådde rekordhøye inntekter og justert nettoresultat for fjerde kvartal 2023.
Styret har besluttet å utbetale et kvartalsvis utbytte på NOK 4,27 per aksje. Dette markerer det 12. sammenhengende kvartaler med utbytter fra selskapet, med en total utbetaling per aksje på NOK 12,36 for regnskapsåret 2023.

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Inntektene for fjerde kvartal nådde rekordhøye NOK 620,2 millioner, opp fra NOK 382,8 millioner i fjerde kvartal av 2022. Økningen drives av høyere realiserte priser, økte salgsvolumer, samt valutaeffekter fra en svekket norsk krone.

Sammen med en total kontantkostnad på NOK 243,2 millioner, resulterte dette i et økt driftsresultat (EBITDA) på NOK 350,5 millioner. Det justerte nettoresultatet beløp seg til NOK 226,1 millioner, opp fra NOK 158,1 millioner i fjerde kvartal av 2022.

For regnskapsåret endte nettoresultatet på NOK 490 millioner, og justert nettoresultat kom inn på NOK 655 millioner. For Rana Gruber står derfor 2023 fram som ett av de beste økonomiske resultatene i selskapets nesten 60 år lange historie.

“Fjerde kvartal er en solid avslutning på et bemerkelsesverdig år for Rana Gruber. Produksjonen nådde rekordhøye volumer i 2023, samtidig som vi oppnådde en jevn økning i kvaliteten på vårt viktigste produkt, Hematitt. Vi forventer at den sterke produksjons- og kvalitetstrenden vil fortsette,” sier Gunnar Moe, administrerende direktør i Rana Gruber.

Rana Gruber har nylig fullført analysen av undersøkelsesboringen som ble utført i Ørtfjell-området i sommeren 2023. Resultatene var vellykkede og muliggjør en ettårig forlengelse av dagbruddsaktivitetene i Ørtfjell-området. Denne forlengelsen vil gi Rana Gruber ekstra tid til å utvikle en mer kostnadseffektiv produksjonsstrategi for Steinsundtjern.

Produksjonsvolumene i kvartalet var som annonsert i produksjonsoppdateringen i januar, 453 tusen tonn. Dette representerer en liten nedgang fra 461 tusen tonn produsert i samme kvartal i 2022, dette skyldes en lengre planlagt vedlikeholdsstopp enn året før. Denne stoppen er en avgjørende del av det strategiske prosjektet for å øke magnetittproduksjonen fremover.
———-
Vedlagt er rapport og presentasjonen for fjerde kvartal 2023.

Resultatene presenteres av administrerende direktør Gunnar Moe og finansdirektør
Erlend Høyen 15. februar kl. 08.00.

Presentasjonen vil være tilgjengelig via en direktesendt webcast via følgende lenke:
https://bit.ly/ranaQ4-23

Opptak av kvartalspresentasjonen vil i etterkant bli gjort tilgjengelig på
Investors - Rana Gruber

For ytterlig informasjon, vennligst kontakt:

Administrerende direktør, Gunnar Moe
+47 941 47 650
Gunnar.moe@ranagruber.no

Finansdirektør, Erlend Høyen
+47 902 02 741
Erlend.hoyen@ranagruber.no

Om Rana Gruber
Rana Gruber er en norsk jernmalmprodusent etablert i 1964. Virksomheten er
basert på mer enn 200 års gruvedrift. Selskapets produkter er basert på egne
naturlige mineralressurser som oppgraderes og skreddersys for ulik bruk og
eksporteres til kunder over hele verden, hovedsakelig til stålprodusenter og
aktører innen kjemisk industri. Selskapet har rundt 370 ansatte og en årlig
produksjonskapasitet på 1,8 millioner tonn jernmalmskonsentrat.

Denne informasjonen omhandler innsideinformasjon i henhold til Markedsmisbruksforordningen og er informasjonspliktig etter verdipapirhandelloven §5-12.
Denne børsmeldingen ble publisert av Vegard Nerdal, Investor Relations i Rana Gruber ASA, 15. februar 2024 kl. 07.00.

Kilde

[TekBot]

Rana Gruber ASA – Ex dividend NOK 4.27 today

The shares in Rana Gruber ASA will be traded ex dividend of NOK 4.27 as of today, 19 February.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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Contact
CEO, Gunnar Moe
+47 941 47 650
Gunnar.moe@ranagruber.no

CFO, Erlend Høyen
+47 902 02 741
Erlend.hoyen@ranagruber.no

Rana Gruber is a Norwegian iron ore producer established in 1964, with operations based on more than 200 years of mining experience. The company’s products are based on natural mineral resources, which are processed and exported to customers worldwide. Key customers include steel producers and participants in the chemical industry. The company has about 370 employees and a production capacity of 1.8 million metric tons of iron ore concentrates.

Kilde

[pleximus83]

[TekBot]

RANA: Annual and ESG Report 2023

The board of directors of Rana Gruber ASA has approved the financial statements and is proud to announce the publication of the annual report, which includes Rana Gruber’s ESG report.

The past year was marked by significant achievements and advancements for Rana Gruber. Notably, the company produced 1.817 million metric tons of concentrate, setting a new record for production performance. Additionally, the efforts towards enhancing the iron content has been successful as the quality of the hematite concentrate is at an all-time high
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Rana Gruber also continued the mission to contribute to the decarbonisation of the industry. For the fourth year in a row, the company’s direct and indirect greenhouse gas emissions per ton of produced iron ore have decreased.

Looking ahead, CEO Gunnar Moe expresses optimism for the future, "With a year of solid production trends and strategic advancements that promise higher returns for our products, we step into 2024 with confidence.

In 2023, our ability to pay out NOK 411.3 million in dividends, translating to NOK 11.1 per share to our shareholders, was a testament to our strong performance. We anticipate continuing to reward our shareholders with robust dividends in 2024, supported by our solid financial foundation and strategic initiatives."

Please find enclosed the annual report, including the ESG report, for 2023.

For more information, please contact:

CEO, Gunnar Moe
+47 94147650
Gunnar.moe@ranagruber.no

CFO, Erlend Høyen
+47 90202741
Erlend.hoyen@ranagruber.no

About Rana Gruber
Rana Gruber is a Norwegian iron ore producer established in 1964, with
operations based on more than 200 years of mining experience. The company’s
products are based on natural mineral resources, which are processed and
exported to customers worldwide. Key customers include steel producers and
participants in the chemical industry. The company has about 370 employees and a
production capacity of 1.8 million metric tons of iron ore concentrates.

This information is subject to the disclosure requirements pursuant to Section
5-12 in the Norwegian Securities Trading Act.

Kilde