Rana Gruber AS (DE:7XH) has released an update.
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Rana Gruber AS, a Norwegian iron ore producer, has secured fixed freight rate agreements for 2025 to stabilize cash flow against the volatile freight market. By fixing the freight rate at $23.4/mt for a total of 720,000 mt, the company aims to mitigate the financial fluctuations impacting the realized price of hematite products. This strategic move underscores Rana Gruber’s proactive approach to financial management in the commodities sector.
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