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Grange Resources Flags $300-$600 Million Impairment on Savage River Assets
9:06am on Thursday 30th of July, 2026 AEST
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Mining
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Grange Resources Flags $300-$600 Million Impairment on Savage River Assets
9:06am on Thursday 30th of July, 2026 AEST
Key Points
Potential $300-$600 million pre-tax non-cash impairment
Impairment linked to Savage River mine properties and development
Financing uncertainty for North Pit Underground Project
Project optimisation aims to reduce external debt
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