Rana Gruber ASA

Report Publication Announcement • Jan 10, 2022

Rana Gruber AS – Production update Q4-21

Production
1000 metric tons, except where indicated otherwise.	Q1-21	Q2-21	Q3-21	Q4-21	FY20	FY21
Production Concentrate	411	399	407	435	1 559	1 653
Production hematite	385	376	378	406	1 453	1 545
Production magnetite	27	23	29	29	106	108
Production Colorana	1,4	1,2	1,5	1,3	5,0	5,3
Production ore	1 400	1 156	1 171	1 423	5 178	5 150
Production underground (ore)	726	658	643	741	3 097	2 767
Production open pit (ore)	674	498	528	682	2 081	2 383
Production open pit (waste rock)	1 068	1 055	1 436	1 350	4 494	4 909

Volumes sold
1000 metric tons, except where indicated
otherwise.	Q1-21	Q2-21	Q3-21	Q4-21	FY20	FY21
Volume Hematite	381	333	362	367	1 486	1 441
Volume Magnetite	28	22	27	29	95	106
Volume Colorana	1,5	1,5	1,5	1,1	4,8	5,7

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 sustainable iron ore producer and supplier established in 1964, with operations based on more than 200 years of mining experience. The Company's products are based on own natural mineral resources which are upgraded and tailored for applications and exported to its customers worldwide. Rana Gruber produces and sells iron ore concentrate, primarily serving steel producers and participants in the chemical industry. Rana Gruber also produces and sells micronized iron oxides and other dissemination of iron ore, and primarily serves paint manufactures and participants in the building- and automotive industries. Rana Gruber has about 300 employees and a production capacity of 1.8 million metric tons of iron ore concentrates and specialty products.