GRANGEX announces Updated Feasibility Study for the Dannemora Mine
On 16 December 2022, GRANGEX AB (publ) (“Grangex” or “the Company”) announced the results of a Feasibility Study for its 100% owned Dannemora mine, a brownfield high-grade magnetite concentrate project located in Southern Sweden (“Dannemora”). The Company is today pleased to announce the results of an Updated Feasibility Study (“DFS”) for Dannemora, confirming Dannemora’s technical and economic viability to be a producer of high-grade magnetite concentrate. The Updated DFS was completed by SLR Consulting Limited (“SLR”) in accordance with the JORC Code1). Together with the Company’s