Rana Gruber AS (DE:7XH) has released an update.
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Rana Gruber ASA, a Norwegian iron ore producer, has entered into swap contracts for iron ore 62% Fe for deliveries spreading from Q1-25 to Q4-25, involving a total of 345,000 metric tons. These contracts are priced at an average of 106 USD/mt to 107 USD/mt for different quarters. The contracts are part of the company’s financial settlement strategy for physical shipments from Q4-24 to Q3-25.
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