Grange Resources stock reports an AUD 541.8 million loss

Published on 09/24/2026 at 02:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Grange Resources stock generated AUD 230.8 million in H1 2026, up 11.8 percent year over year. Operating cash flow reached AUD 77.1 million, while underlying profit was AUD 10.5 million.

Grange Resources, AU000000GRR8, Illustration mit AI erstellt.

Grange Resources stock (ISIN AU000000GRR8) stood at AUD 0.125 on the ASX on September 23, 2026, while the company reported an AUD 541.8 million statutory loss for H1 2026. The result puts the operating performance and the large impairment charge on separate tracks.

Revenue grew despite the loss

According to Quartr on August 31, 2026, revenue for the half-year ended June 30, 2026 reached AUD 230.8 million, compared with AUD 206.4 million in H1 2025. That is an increase of 11.8 percent, calculated from the reported figures.

The statutory loss after tax compares with an AUD 13.8 million profit in H1 2025. Quartr attributes the reversal primarily to a AUD 552.3 million non-cash impairment, making the headline loss materially different from the underlying operating result.

Cash flow offers a counterpoint

Underlying profit after tax was AUD 10.5 million in H1 2026, down from AUD 13.8 million a year earlier. Operating cash inflow moved in the opposite direction, reaching AUD 77.1 million compared with AUD 41.4 million in H1 2025, according to Quartr.

The company is transitioning to a smaller sub-level cave mining plan intended to extend mine life to 2035. Simply Wall St identifies Grange Resources as an integrated iron ore and pellet producer, with cost intensity and single-asset exposure central to the investment case.

Stock remains near yearly low

At AUD 0.125 on September 23, 2026, the stock was 59.0 percent below its 52-week high of AUD 0.305 and only AUD 0.005 above its 52-week low of AUD 0.120. The market capitalization was AUD 144.67 million on the same date.